Tag Archives: Taxes on fuel

The 8 charges on every litre of petrol you buy [Infographic] in Ghana

The reason Ghanaians are not enjoying a drastic fall in fuel prices is because taxes on fuel constitute about 70% of the cost of fuel in Ghana today. Each tax component and margins also attracts a 17.5% Value Added Tax (VAT), which is borne by  the consumer. The infographic below shows a breakdown of the various components and how much is charged.


Source: http://citifmonline.com/2016/01/05/179303/#sthash.hbRVUAEz.dpuf

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