NATIONAL BUDGET 2026: What it means for you and your wealth

This year’s Budget is one of the most positive for saving and long-term planning in many years. While there are no sweeping tax cuts, several long-frozen thresholds have finally been adjusted — creating meaningful planning opportunities.

This document is a quick summary of the changes likely to affect you. We’ve focused only on what has changed in the 2026

Budget. At a high level:

Income tax brackets adjusted for inflation
Retirement contribution limit increased to R430,000 p.a.
Tax-Free Savings annual limit increased to R46,000 (lifetime limit remains R500,000)
Annual CGT exclusion increased to R50,000
Primary residence CGT exclusion increased to R3 million
Donations tax exemption increased to R150,000 p.a.
Single Discretionary Allowance has increased to R2 million per calendar year

In practical terms, you can now save more, invest more tax-efficiently and structure your estate more effectively. This is a good Budget for disciplined savers

and investors. It supports those who take a long-term view and rewards consistent, well-considered planning rather than short-term decisions.