DocumentClosedmedia statement
Media Statement: Publication of the 2026 Draft Tax Bills for Comment
National TreasuryRef: https://www.treasury.gov.za/comm_media/press/2026/2026073001%20MEDIA%20STATEMENT-%20%20PUBLICATION%20OF%20THE%202026%20DRAFT%20TAX%20BILLS%20FOR%20COMMENT.pdf
Official source
Source domain: treasury.gov.za
Collected on 31 July 2026
Always confirm details on the official source before acting.
What this means
This is a South African government media statement issued by the National Treasury on 30 July 2026 announcing the publication of the 2026 draft Taxation Laws Amendment Bill (2026 draft TLAB) and the 2026 draft Tax Administration Laws Amendment Bill (2026 draft TALAB) for public comment. It summarises key tax proposals in each draft bill, including changes to de minimis limits for multiple living annuities, donations tax exemption limitations for non-resident spouses, SEZ domestic transfer pricing rules, VAT leasehold improvement claw-backs, carbon budget compliance refund timing, ATA Carnet enabling provisions, second-hand goods documentation requirements, bank screening of refunds, and interest relief for voluntary disclosure applicants. The statement invites written comments by close of business on 28 August 2026 and notes that the “Supply of gold to banks” proposal was excluded pending further consultation.
Check the dates below
This summary is generated from the source document and may mention different dates. The Dates panel below is compiled from the official structured record and is authoritative — rely on it, and confirm on the official source before acting.
- Official closing date: 30 July 2026
Facts
Reference
https://www.treasury.gov.za/comm_media/press/2026/2026073001%20MEDIA%20STATEMENT-%20%20PUBLICATION%20OF%20THE%202026%20DRAFT%20TAX%20BILLS%20FOR%20COMMENT.pdf
Key Takeaways
- Issued by: National Treasury
- Date: 30 July 2026
- Public comment on: 2026 draft TLAB and 2026 draft TALAB
- Comments due by close of business: 28 August 2026
- Comment submission emails: AnnexCProposals@zatreasury.onmicrosoft.com and acollins@sars.gov.za
- 2026 draft TLAB: de minimis limit for multiple living annuities determined cumulatively
- 2026 draft TLAB: donations tax exemption limited to donations to a spouse who is a South African tax resident
- 2026 draft TLAB: SEZ domestic transfer pricing—replace anti-profit shifting rule with arm’s length principle for qualifying SEZ transactions
- 2026 draft TLAB: VAT Act amended to extend leasehold improvements claw-back to non-registered lessors via declaration process
- 2026 draft TLAB: carbon budget compliance refunds—first two tax periods refundable in third year; years 3–5 refundable in sixth year
- 2026 draft TALAB: enabling provision for electronic ATA Carnets
- 2026 draft TALAB: expand documentary requirements for second-hand goods vendors
- 2026 draft TALAB: permit pre- or post-deposit screening of refunds by banks
- 2026 draft TALAB: interest relief on defaults disclosed during voluntary disclosure applications
- Excluded from 2026 draft TLAB: “Supply of gold to banks” pending further consultation
- National Treasury
- South African Revenue Service (SARS)
- World Customs Organisation
- International Chamber of Commerce
- Second-Hand Goods Act
- ATA and Istanbul Conventions
- Annexure C of the 2026 Budget Review
- 2026 Budget Review
- 2026 Budget
Dates
Closing Date
30 July 2026