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South Africa Budget Speech 2027 — SARS Brackets, Rebates & VAT

Finance Minister delivers Budget Speech 2027. Live tracking of tax bracket fiscal drag, primary/secondary/tertiary rebates, medical tax credit, VAT, and fuel levy.

10 minBudget🇿🇦South Africa · Tax Year 2026/27By Vitthub Editorial

_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

Our sources

National Treasury Budget Review, SARS tax pocket guide, the Minister's speech, and the tax-rates booklet.

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