FUEL THE PAIN

Government raises levy on petrol & diesel to make up for VAT 'defeat'

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FINANCE Minister Enoch Godongwana targeted motorists with an increase in petrol and diesel prices in order to address the gap left by the abandoned VAT hike.

Delivering his Budget speech at the Cape Town International Convention Centre yesterday, Godongwana said the VAT (Value Added Tax) will remain at 15 percent as their commitment to listening to South Africans.

But the general levy on fuel means mense will pay an extra 16 cents a litre every time you go to the pump.