BUDGET 2026 BOOSTS SME RELIEF AS VAT THRESHOLD RISES TO R2.3 MILLION
BY: TANA MALINGA South Africa’s 2026 National Budget has introduced targeted relief measures for small and medium-sized enterprises (SMEs), highlighted by a significant increase in the Value Added Tax (VAT) registration threshold and enhanced capital gains tax exemptions for qualifying business owners. In his Budget Speech, Finance Minister Enoch Godongwana announced that the VAT registration…

