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Tax, VAT, customs and trade alerts

We provide a wealth of publications by PwC South Africa providing informed commentary on current developments in the tax arena, both locally and internationally.

Through analysis and comment on new law and judicial decisions of interest, they assist business executives to identify developments and trends in tax law and revenue practice that might impact their business.

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Budget 2026 | Momentum unleashed: Driving reform for growth

The Finance Minister delivered his Budget Speech on 25 February 2026 and the Budget Review document (Budget 2026) containing several tax policy proposals was published at this time. ​

Budget 2026 withdraws the previously signalled R20 billion of unspecified tax increases penciled into Budget 2025 and instead provides broad inflationary relief to taxpayers for the first time since 2023. Adjustments to personal income tax brackets, rebates, medical tax credits, and various thresholds aim to support households, small businesses and savings. Significant reforms are also proposed across corporate tax, environmental taxes, VAT, customs and excise, and several administrative frameworks.​

The below Alert provides more details regarding the main budget proposals.

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Kyle Mandy

Kyle Mandy

Africa Tax Policy Leader, PwC South Africa

Tel: +27 (0) 11 797 4977

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