Apply Kingdom Principles Accounting Pty Ltd

20/03/2026

“Diligence today. Blessing tomorrow. 💼✨ ”

19/03/2026

05/03/2026

Biblical Principle for the Day 📖

When we commit our work to God, He guides our decisions and establishes our plans.

“Commit your works to the Lord, and your thoughts will be established.”
— Proverbs 16:3 (NKJV)

🙏 May your business and finances be guided by wisdom today.

⬇️ Comment AMEN if you commit your work to the Lord today.

04/03/2026

Strategy is important. Godly wisdom is essential. ✨

"If any of you lacks wisdom, let him ask of God, who gives to all liberally and without reproach, and it will be given to him." — James 1:5 NKJV

03/03/2026

We are blessed in business so we can be a blessing. 💼✨

"I will make you a great nation; I will bless you And make your name great; And you shall be a blessing." — Genesis 12:2 NKJV

02/03/2026

Integrity builds businesses that last. 📊✨

"He who walks with integrity walks securely, But he who perverts his ways will become known." — Proverbs 10:9 NKJV

27/02/2026

Excellence is worship in business. 📊✨

"And whatever you do, do it heartily, as to the Lord and not to men." — Colossians 3:23 NKJV

26/02/2026

II Corinthians 9:11 NKJV
[11] while you are enriched in everything for all liberality, which causes thanksgiving through us to God.

25/02/2026

🇿🇦 2026 Budget Speech Update

Key Tax Changes for the 2027 Tax Year
(Effective 1 March 2026 – 28 February 2027)

On 25 February 2026, Finance Minister Enoch Godongwana delivered the National Budget Speech, outlining important tax changes that will affect individuals and businesses in the 2027 tax year.

Here’s a clear summary of what you need to know:

✅ Personal Income Tax Relief
Tax brackets and rebates fully adjusted for inflation
This reduces bracket creep and provides relief to taxpayers.

Medical tax credits increased
Primary member: R376 (up from R364)
Additional dependants: R254 (up from R246)

✅ Savings & Retirement Incentives
Tax-Free Savings Account (TFSA) annual limit increased
From R36 000 ➜ R46 000
Retirement fund contribution deduction limit increased
From R350 000 ➜ R430 000
These changes encourage long-term savings and retirement planning.

✅ VAT & Small Business Relief
VAT compulsory registration threshold increased
From R1 million ➜ R2.3 million
Adjustments to the turnover tax regime to ease compliance for small businesses.

✅ Capital Gains Tax (CGT) Relief
Primary residence exclusion increased
From R2 million ➜ R3 million
Annual CGT exclusion increased
From R40 000 ➜ R50 000
Small business CGT exemption increased
From R1.8 million ➜ R2.7 million
Donations tax exemption increased
From R100 000 ➜ R150 000

✅ Excise & Fuel Levies
Inflation-linked increases on alcohol and to***co excise duties.
Adjustments to fuel and carbon levies from 1 April 2026.

🚫 No Major Tax Hikes
A previously proposed R20 billion tax increase was withdrawn, meaning no VAT rate increase or major broad-based tax hikes were introduced.

📊 What This Means for You
✔ More relief through inflation adjustments
✔ Higher savings and retirement contribution limits
✔ Reduced compliance burden for small businesses
✔ Moderate increases in indirect taxes

📩 Contact us today for professional assistance.

25/02/2026

Principle: Honesty brings favor in business.

Dishonest scales are an abomination to the Lord, but a just weight is His delight." — Proverbs 11:1 NKJV