Consumers are currently smarting from record-high prices of fuel, which have in turn triggered runaway inflation and sparked public outrage over costly goods and services.
By
John Mutua
Business Reporter
Nation Media Group
The government has extended the eight percent Value Added Tax (VAT) on fuel by three months to October 14, in an effort to avert a sharp increase in pump prices in the coming months in the wake of the resumption of the US-Iran war.
State extends reduced fuel VAT to October as Middle East tensions bite
3 months 8p.c fuel VAT relief to cushion consumers
State extends fuel VAT relief as Middle East tensions push up oil prices
State extends fuel VAT relief
US-Iran war ‘adds €23 a month to bills for home heating oil’
Government hikes windfall tax on diesel, ATF; cuts levy on petrol exports
The government has extended by another three months the reduced 8 per cent Value Added Tax on petroleum products
The government has extended by another three months the reduced 8 percent Value Added Tax (VAT) on petroleum products
Wandayi said that every scheduled cargo had arrived and had been uploaded on time, and oil has remained available at the pump…
Wandayi said that every scheduled cargo had arrived and had been uploaded on time, and oil has remained available at the pump…
A major change to petrol and diesel discounts is coming in July after the US-Iran peace deal raised hopes for price relief at the…
The federal government will extend its temporary petrol price relief package by a month, despite prices hovering near multi-year…
