South Africa Budget Speech 2027 — SARS Brackets, Rebates & VAT
_Live from Parliament on Budget Day 2027._
What to watch
- SARS 7-bracket sliding scale — fiscal drag has been the Treasury's default; real-terms tax hike without announcing one
- Primary / secondary / tertiary rebates — currently R17,235 / R9,444 / R3,145
- Medical Tax Credit (MTC) — R364 first two members, R246 additional
- UIF threshold — R17,712/month cap
- VAT — 15% since 2018
- Fuel levy + RAF levy — typically adjusted
- Transfer duty — 6-step scale from R1.21M threshold
- Retirement annuity — 27.5% / R350,000 cap
Live tracker
_(Filled live on Budget Speech day.)_
Calculator updates
- Income Tax Calculator — SARS brackets + rebates + MTC
- PAYE Calculator — monthly take-home
- Retirement Annuity Calculator — Reg 28 + deduction cap
- TFSA Calculator — R36k/R500k caps
- VAT Calculator — 15% (or revised)
Our sources
National Treasury Budget Review, SARS tax pocket guide, the Minister's speech, and the tax-rates booklet.
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