26/02/2026
🚨 Budget 2026: Tax changes to get excited about
This year’s updates bring meaningful relief and smarter tax planning opportunities for individuals.
Here are the biggest wins:
🏡 Primary residence CGT exclusion increased
The capital gains exclusion on the sale of your primary home increases from R2 million → R3 million.
This could save homeowners a significant amount of tax when selling.
✔ Retirement fund deduction cap increased
You can now deduct up to R430,000 per year (previously R350,000), allowing greater tax savings while investing for retirement.
✔ Donations tax exemption increased
You can donate up to R150,000 per year tax-free (previously R100,000).
✔ Tax-free savings contribution limit increased
The annual TFSA limit rises to R46,000.
✔ Personal tax brackets and rebates adjusted for inflation
Helps reduce bracket creep and protects take-home pay.
✔ Medical tax credits increased slightly
Small but welcome relief on medical aid rebates.
Why this matters
These changes give you more room to build wealth, support others,
and reduce tax legally.
For homeowners especially, the CGT increase is a major long-term win.
