Deadline Looms for Public Input on Proposed Tax Amendments

Today, the National Treasury and the South African Revenue Service (SARS) urged taxpayers, businesses, and other stakeholders to review the draft legislation and submit written comments by June 26, 2026. The draft Bill outlines a range of proposed amendments affecting tax thresholds, exemptions, and monetary limits. It also proposes adjustments to excise duties on alcoholic beverages and tobacco products. The legislation forms part of government’s annual tax policy and revenue-raising framework and will influence how various taxes are applied during the coming financial year.

The consultation process provides an opportunity for taxpayers, industry groups, professional bodies, and members of the public to contribute to the development of South Africa’s tax legislation before the proposals are considered by Parliament. With the submission deadline approaching, interested parties are urged to review the proposed amendments and submit their comments before June 26.

National Treasury and SARS have encouraged interested parties to review the draft Bill and make submissions on any provisions that may affect them. The draft legislation is available on the National Treasury and SARS websites for public review. Stakeholders wishing to comment can submit written representations to National Treasury via email at [email protected] and to SARS at [email protected].

The proposed tax amendments are part of the government’s efforts to raise revenue and improve tax collection. In recent years, the government has introduced various tax reforms to simplify the tax system and reduce tax evasion. The proposed amendments aim to strengthen the tax system and provide a fair and transparent tax regime for all taxpayers.

However, the proposed amendments have also raised concerns among some taxpayers and businesses. They argue that the proposed changes may increase their tax burden and make the tax system more complex. Therefore, it is essential for taxpayers and businesses to submit their comments and views on the proposed amendments before the submission deadline.

According to the National Treasury, the draft Bill is available on the department’s website for public review. The National Treasury and SARS have encouraged interested parties to review the draft Bill and make submissions on any provisions that may affect them.

The South African Revenue Service (SARS) has also provided guidance on the submission process. Stakeholders can submit written representations to SARS via email at [email protected]. The SARS website also provides information on the submission process and the draft Bill.