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SME relief – VAT threshold increases to R2.3 million

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South Africa’s 2026 National Budget has delivered targeted SME relief for small and medium-sized enterprises (SMEs). This includes a significant increase in the Value Added Tax (VAT) registration threshold. It also introduces enhanced capital gains tax exemptions for qualifying business owners.

SMEs and SONA’s support – all eyes now on the national...

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As South Africa prepares for the National Budget Speech later this month, attention is turning to whether government commitments to small and medium-sized enterprises (SMEs) will receive fiscal support and implementation details. These elements are required to unlock real economic impact.

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