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Fuel prices to go up as new tax measures kick in

A commutter walks past Shell Petrol Station. [Peter Ochieng, Standard]

Fuel prices are set to go up tomorrow morning as most of the clauses in the Finance Act, 2023 start kicking in.

The Energy and Petroleum Regulatory Authority (Epra) said yesterday it would today announce the new prices that will factor in a higher Value Added Tax (VAT) of 16 per cent from the current eight per cent.

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