New VAT Thresholds: Thinking of Deregistering?
Some of the best news in the 2026 Budget is the proposed increases in the compulsory VAT registration threshold from R1 million to R2.3 million and in the voluntary registration threshold from R50,000 to R120,000, with effect from 1 April 2026. This will immediately ease the disproportionate administrative burden and compliance cost on small businesses […]
