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Budget 2026

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South African official delivering budget speech at parliament.

SA Budget 2026 Delivers SME Relief As VAT Threshold Increases To R2.3 Million

South Africa’s 2026 National Budget has delivered targeted relief for small and medium-sized enterprises (SMEs), including a significant increase in the Value Added Tax (VAT) registration threshold, alongside enhanced capital gains tax exemptions for qualifying business owners. In his Budget Speech, Minister of Finance Enoch Godongwana announced that the VAT registration threshold will increase to R2.3 […]

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