General Fuel Levy Relief Adjusted and June 2026 Fuel Prices Announced

Posted 03 June 2026 Written by Acts Online
Category Tax & Customs

Brought to you by SAnews: The Minister of Finance and the Department of Petroleum and Mineral Resources (DMPR) have adjusted the temporary general fuel levy relief and announced updated fuel and liquid petroleum gas prices.

In terms of the Customs and Excise Act, No. 91 of 1964, the general fuel levy relief has been adjusted by R1.50 per litre for petrol and R1.96 per litre for diesel. According to the DMPR, this revised relief framework will remain in effect until Tuesday, 30 June 2026. National Treasury indicated that the preceding temporary reduction in the general fuel levy between April and June cost the fiscus approximately R17.2 billion, which was funded through fiscal outperformance from the prior financial year.

The adjusted fuel prices, effective from June 2026, are structured as follows:

  • Petrol 93 (ULP & LRP): R1.43 per litre increase
  • Petrol 95 (ULP & LRP): R1.43 per litre increase
  • Diesel (0.05% sulphur): R3.24 per litre decrease
  • Diesel (0.005% sulphur): R2.61 per litre decrease
  • Illuminating Paraffin (wholesale): R5.96 per litre decrease
  • Single Maximum National Retail Price for Illuminating Paraffin: R7.95 per litre decrease
  • Maximum Retail Price of LP Gas: 17c per kg decrease (and a 20c per kg decrease in the Western Cape)

The DMPR attributed the sharp decrease in middle distillates (diesel and paraffin) to lower seasonal demand in the northern hemisphere. These market dynamics resulted in lower contributions to the Basic Fuel Prices of petrol, diesel, and illuminating paraffin by 30.42 cents per litre, R5.42 per litre, and R5.82 per litre, respectively. While propane and butane prices remained stable, overall freight costs decreased during the period under review.

What this means for you, your business, or your clients

  • For yourself: No direct compliance obligations; individual professionals should adjust personal travel and household energy budget expectations to account for the R1.43 per litre petrol increase.
  • For your business: Logistics, fleet management, and operational departments must update fuel cost accounting models to reflect the R1.43 per litre increase in petrol and the respective R3.24 per litre and R2.61 per litre decreases in diesel grades.
  • For your clients: Clients in transport, manufacturing, and agricultural sectors must recalibrate their operational budgets and cash flow projections to align with the revised fuel levy relief parameters, which remain in force until 30 June 2026.

Originally published at https://www.sanews.gov.za/south-africa/general-fuel-levy-reduction-cushions-consumers

The views expressed herein are those of the author and do not necessarily reflect those of Acts Online. Acts Online accepts no responsibility for the accuracy, completeness or fairness of the article, nor does the information contained herein constitute advice, legal or otherwise.