Public Comments Invited on 2026 Draft Rates Bill

Posted 20 June 2026 Written by Acts Online
Category Tax

Brought to you by SAnews: National Treasury and the South African Revenue Service (SARS) have called on stakeholders to submit written comments on the 2026 draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill.

The 2026 draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill (2026 draft Rates Bill) outlines proposed statutory adjustments to various tax thresholds, exemptions, and limits. Additionally, the draft legislation introduces changes to excise duties on alcoholic beverages and tobacco-related products.

Interested parties and professional practitioners must submit their written representations on the proposed amendments by no later than the close of business on 26 June 2026. Submissions must be sent simultaneously to both National Treasury and SARS at the designated depositories:

The draft Bill is available for review on the official websites of both National Treasury and SARS.

What this means for you, your business, or your clients

  • For yourself: No direct individual compliance obligations, but you should review the proposed personal income tax thresholds and bracket adjustments to anticipate changes to your personal tax liability.
  • For your business: Corporate tax practitioners and financial directors must review the proposed excise duty adjustments and threshold changes to assess their impact on operational costs and product pricing models before the 26 June 2026 deadline.
  • For your clients: Advise clients in the retail, manufacturing, and import sectors of alcoholic beverages and tobacco products on the impending excise duty increases so they can adjust their financial forecasting and submit comments if necessary.

Originally published at https://www.sanews.gov.za/south-africa/have-your-say-proposed-tax-amendments

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