SARS increased the Turnover Tax qualifying limit to R2.3 million from 1 April 2026 and the tax-free threshold to R600,000. Learn who may qualify, the 2026/27 rates and the key exclusions.
South Africa’s VAT registration threshold increased in 2026. Understand the R2.3 million compulsory threshold, the R120,000 voluntary threshold and what small businesses should do next.
A practical SARS record-keeping checklist for South African small businesses, including the types of records to retain, the general five-year rule and why organised records matter.