South Africa | Budget Speech 2026

South Africa | Budget Speech 2026

On Wednesday, 25 February 2026, the Minister of Finance, Mr Enoch Godongwana, delivered the 2026 National Budget Speech to the National Assembly. 

Budget 2026 responds to continued fiscal pressure and a fragile economic recovery with a cautious approach. It prioritises debt control and stronger tax enforcement, reinforcing the importance of compliance and protecting the revenue base.

What is changing
For a detailed summary of the key changes in the 2026 National Budget, please refer to our guide: Budget Speech 2026 - Key Highlights. This guide covers important updates on tax and payroll changes that individuals and businesses need to be aware of.

Review the updates below to ensure you are prepared for the regulatory changes effective from 1 March 2026 and look out for further communication regarding system changes and their impact on you or your business.

Official source
  1. Click here to access the official publication.
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