To see tax rates from 2014/5, see the Archive – Tax Rates webpage.
The Budget tax guide 2026 will be published on 25 February 2026 when the Minister of Finance delivers his budget speech – keep an eye on the Budget webpage.
25 February 2026 – No changes in percentages but changes to exclusions (see in bold below):
| Type | 2027 | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|---|
| Individuals and Special Trusts | 18% | 18% | 18% | 18% | 18% | 18% |
| Companies | 21.6% | 21.6% | 21.6% | 21.6% | 21.6% | 22.4% |
| Other Trusts | 36% | 36% | 36% | 36% | 36% | 36% |
Events that trigger a disposal include a sale, donation, exchange, loss, death and emigration. The following are some of the specific exclusions:
- R3 000 000 gain or loss on the disposal of a primary residence;
- Most personal use assets;
- Retirement benefits;
- Payments under original long-term insurance policies;
- Annual exclusion of R50 000 capital gain or capital loss is granted to individuals and special trusts;
- Small business exclusion of capital gains of R2.7 million for individuals (who are at least 55 years old) when a small business with a market value not exceeding R15 million is disposed of; and
- The exclusion granted to individuals is increased to R440 000 for the year of death.
