The New Zealand Parliamentary Library “Monthly Economic Review” published a feature on taxes and levies on petrol.
Taxes and levies on a litre of petrol in New Zealand account for approximately 43 percent of the overall price.
July 2014 – Retail price = 223.9 cents per litre
A forecast $1,702 million is expected to be raised through the excise duty on petroleum in the year ended June 2015. This includes:
– $936 million in petroleum excise duty on domestic production
– $766 million on petroleum imports.
The following diagram shows the taxes and levies on a litre of petrol (including GST).