All Posts

VAT, Tax and Your Business The 2026 Budget Speech delivered by Enoch Godongwana reinforces a clear fiscal strategy in South Africa: strengthen revenue collection, tighten compliance and stabilise public finances. For businesses and taxpayers, the focus is not on dramatic rate hikes but on enforcement, accountability and administrative reform. Here is what matters most. VAT VAT rate unchanged - The VAT rate remains at 15 percent. No increase was announced, providing stability