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You are here: Home / News / Warning about new R46,000 tax-free limit in South Africa | SA News

Warning about new R46,000 tax-free limit in South Africa | SA News

16 March 2026 by Guest

Luke Fraser
 ·15 Mar 2026

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Finance Minister Enoch Godongwana may have increased the yearly tax-free investment allowance, but South Africans must still keep up to date on their additions and withdrawals.

In the 2026 Budget, Godongwana announced that the annual contribution limit for tax-free investments has increased from R36,000 to R46,000.

South Africans can now thus invest up to R46,000 per year in approved tax‑free investment products without paying tax on the returns, with effect from 1 March…

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Reader Interactions

Comments

  1. Twinkle

    7 September 2026 at 1:12 am

    El Salvador: You have two cows. They are less likely to get cut open than you.

  2. lady peach

    5 September 2026 at 4:30 am

    Fun South African Fact: The Union Buildings in Pretoria house the President’s official offices. The site is worth a visit to marvel at a larger-than-life statue of Nelson Mandela as well as the immaculate gardens and grounds.

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