Employers Tax Deduction Tables

In a decisive move to support South African households and businesses, the 2026 Budget tabled today introduces significant relief measures designed to combat the “stealth tax” of inflation. By adjusting tax structures and increasing investment caps, the National Treasury has signaled a commitment to preserving the purchasing power of citizens in a shifting economic landscape.

The 2025 South African Budget Speech introduced several key changes that impact small and medium-sized enterprises (SMEs). As an accounting firm, we understand the challenges of navigating tax adjustments, economic policies, and financial planning. This article breaks down the key takeaways from the budget and how they will affect your business. 1. Economic Outlook: A