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Fuel Taxes Newsletter
  • Nigeria’s low tax revenue to GDP is problematic, says IMF 20 Apr 2024 00:19 GMT

    … citizens are not paying their taxes. The tax-to-GDP ratio is … government to completely phase out petrol and electricity subsidies in the … meaning the benefits of such fuel subsidies tend to accrue to … houses, when they receive subsidised fuel. They’re the ones …

  • Fuel prices hit highest levels so far this year 19 Apr 2024 15:22 GMT

    … in response to the surging fuel and energy costs following the … cost of a litre of petrol and 3c to a litre … latest monthly fuel price survey, the average cost of petrol now stands … 4c on petrol and 3c on diesel. “A carbon tax is also …

  • Sales tax on CNG supply increased by up to Rs65 per kg 19 Apr 2024 15:05 GMT

    … government has increased General Sales Tax (GST) on supply of … The notification states that sales tax value for region I has … -led Pakistani government increased the petrol price for the next fortnight … 38 per litre. The new fuel prices will be effective from …

  • Petrol and diesel set to hit €2 a litre with 'another hike on the way' 19 Apr 2024 14:00 GMT

    … figures from AA Ireland. Its Fuel Price Survey shows electric vehicle … . "There's another tax hike on the way - … the pump goes in duties, taxes [and] VAT". Mr Weston warned … image: A man holding a petrol pump nozzle refueling petroleum his …

  • 'Moving to electric vehicles has the potential to be revolutionary in ways far more important than simply reducing the use of fossil fuels, but the clock is ticking…' 19 Apr 2024 13:19 GMT

    … sensible move when second-hand petrol/diesel vehicles provide … Parallel work is considering new taxes in the form of a … substantial weighting scheme when road tax is reintroduced, perhaps based … offset falling duty from fossil fuels when EVs really start …

  • Portland gas tax for road repair back on ballot 19 Apr 2024 13:03 GMT

    … against a populace skeptical of taxes and sensitive to several years … a vote to keep a tax on fuel might be a tougher … . “The fact that it’s gasoline, and a link to inflation … shift toward electrification and more fuel-efficient cars. Parking revenue from …

  • Rep. Robert Leadbetter proposes ending gas tax 19 Apr 2024 10:10 GMT

    … fuel, and Pennsylvania is home to one of the highest gas taxes … gasoline and 74.1 cents per gallon for diesel. These high taxes … Pennsylvania’s aging infrastructure. Gas tax revenues have also been used …

  • Diesel & petrol prices hit highest level so far this year 19 Apr 2024 10:00 GMT

    The latest AA Ireland fuel price survey shows that petrol and diesel prices … year. AA Ireland said that petrol and diesel prices have increased … fall was reported in March. Petrol prices rose to €1.81 … on petrol and three cent on diesel, while a carbon tax is …

  • Burundi, Kenya only countries with more expensive fuel than Uganda in EAC 19 Apr 2024 09:45 GMT

    … in July due to new taxes, which have been proposed for … charged in petrol diesel and kerosene.  Under the new tax proposals, the … levy on every litre of petrol will … have the lowest fuel prices with a litre of petrol going for …

  • Cheap road tax heroes: best cars you actually want 19 Apr 2024 05:20 GMT

    … that’s exempt from tax? Incredible but true. Fuel costs will depend … out. Better still, its combined petrol-electric forces give it 357bhp …

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