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

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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Comments

  1. My teacher pointed at me with her ruler and said that at the end of this ruler is a dumb. Then I asked which end and I got a detention.

  2. Y\’know, I could have sworn South Africa had apartheid.

    Is this the Mandela Effect?