Budget 2026 has brought long-overdue relief to taxpayers by not imposing VAT or income tax hikes and by adjusting the tables for tax rates, rebates and credits for inflation. Of course, some tax hikes were always going to happen: inflation-linked increases on sin taxes took effect on 25 February already and the fuel levies also increased.
This selection of official SARS Tax Tables and other useful resources will help clarify your tax position for the new tax year. Then follow the link to Fin 24’s Budget Calculator (just follow the four-step process) to do your own calculation.
Individual taxpayers
Source: National Treasury
Source: National Treasury
Tax limits adjusted
Source: National Treasury
Sin taxes raised
Source: National Treasury
Fuel Levy hikes
| Fuel Levy | Petrol | Diesel |
| General | + 9 cents per litre | + 8 cents per litre |
| Road Accident Fund | + 7 cents per litre | + 7 cents per litre |
| Carbon Tax | + 5 cents per litre | + 5 cents per litre |
Source: 2026 SARS Budget Guide
How much will you be paying in income, petrol and sin taxes?
Use Fin 24’s four-step Budget Calculator here to find out the monthly and annual impact on your income tax, as well as what you will pay in terms of fuel and sin taxes.
Bear in mind, however, that the best way to fully understand the impact of the proposals in Budget 2026 on your personal and business affairs is to ask us.
The article is a general information sheet and should not be used or relied upon as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your financial adviser for specific and detailed advice.
