The following tax limits are effective immediately.
The Single Discretionary Allowance (SDA) for individuals increased from R1 000 000 to R2 000 000.
The following tax limits are adjusted with effect from 1 March 2026.
The annual contribution to tax-free investments is increased from R36 000 to R46 000. The total limit remains R500 000.
The annual deduction for contributions to retirement funds and/or annuities increased from R350 000 to R430 000.
The annual exclusion for donation tax increased from R100 000 to R150 000.
The annual exclusion for capital gains tax increased from R40 000 to R50 000.
The exclusion for capital gains tax on death increased from R300 000 to R440 000.
The exclusion of capital gain on the disposal of a primary residence increased from R2 000 000 to R3 000 000.
As of 1 April 2026, the limit for compulsory VAT registration increased from R1 000 000 to R2 300 000.
Reposted with permission from FISA