Pretoria: With the deadline drawing near, National Treasury and the South African Revenue Service (SARS) have reminded the public to submit written comments on the 2026 draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill (2026 draft Rates Bill).
According to South African Government News Agency, the draft Rates Bill outlines adjustments to various tax thresholds, exemptions, and limits, as well as changes to excise duties on alcoholic beverages and tobacco-related products. These proposed amendments aim to update the current tax framework and ensure that it aligns with the evolving economic environment.
The 2026 draft Rates Bill, which contains the proposed tax amendments, is available on the National Treasury and SARS websites. This accessibility ensures that all stakeholders, including individuals and businesses, can review the proposed changes and provide their input before the final legislation is enacted.
Written comments can be sent to National Treasury's tax policy depository at [email protected] and to SARS at [email protected] by close of business on 26 June 2026. This call for public input highlights the government's commitment to transparency and public participation in the legislative process, allowing citizens to have a direct impact on the future tax policies that affect their lives.