#WeUnderstand

16 Apr 2025
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Micro Businesses: Turnover Tax Brackets 2026

Today’s 2026 National Budget Speech delivered by Finance Minister Enoch Godongwana includes excellent news for South Africa’s micro businesses. The Turnover Tax regime has received its biggest overhaul in years – with a huge jump in the brackets and a massive increase in the qualifying turnover limit. read more

February 25, 2026

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When is the Budget Speech for 2026?

Every February, South Africans tune in to hear the Finance Minister’s Budget Speech - a moment that sets the tone for the country’s economic year and adjustments to tax rates which directly affect employees. For 2026, mark your calendars: Wednesday, 25 February 2026 is the date when Minister Enoch Godongwana will present the nation’s financial roadmap. read more

January 30, 2026