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Labrish
Nyuuz
Treasury invites public fixes for 2026 tax review
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[QUOTE="Munyaradzi Mafaro, post: 71011, member: 636"] The National Treasury has invited public submissions addressing minor technical inconsistencies in tax legislation for potential inclusion in the 2026 budget cycle. The department specified that proposals should focus on unintended consequences, revenue leakages, and administrative complications rather than substantive policy reforms or rate adjustments, which follow separate review procedures. Submissions must reach officials by late November, with virtual consultation sessions scheduled for mid-December to discuss shortlisted recommendations. Treasury and the South African Revenue Service will jointly evaluate proposals before presenting selected items to Finance Minister Enoch Godongwana, who retains final authority over amendments appearing in Annexure C of the budget review document released during February parliamentary proceedings. Previous technical corrections have addressed matters including foreign dividend taxation during corporate relocations, cryptocurrency asset treatment, value-added tax applications between affiliated entities, carbon levy adjustments for renewable energy projects, and research expenditure deduction refinements. [/QUOTE]
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Labrish
Nyuuz
Treasury invites public fixes for 2026 tax review
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