Your Tax Deadlines for June 2026
05 June: PAYE submissions and payments
05 June: PAYE submissions and payments
This tax season marks an important shift for trusts, which are now subject to heightened reporting requirements, regardless of activity, as well as automated penalties for non-compliance starting on 4 May 2026.
While everyone’s talking about AI, trends are emerging that show the most successful small businesses have returned to the fundamentals: maximising every minute and tightening the leaks in local operations.
Personal crises, such as bereavement, divorce, illness, and mental health challenges, are a reality of life, and how you respond when your employee is struggling says everything about you as a leader.
Particularly in volatile economic times like these, effective budgeting is a critical driver of business success. This is because a budget enables sustainable growth by aligning financial resources with strategic business goals.
South Africa’s tax landscape is undergoing a significant shift as the South African Revenue Service (SARS) accelerates its move toward stricter compliance and digital enforcement.
The South African Reserve Bank’s May Monetary Policy Committee statement points to a more difficult economic environment than seemed likely only a few months ago. The MPC increased the policy rate by 25 basis points to 7%, with four members supporting the move and two preferring no change. The decision was driven mostly by a sharp deterioration in the global inflation outlook, particularly following the escalation of the Middle East crisis and disruption around the Strait of Hormuz.
Moody’s decision to change South Africa’s outlook from stable to positive marks an important shift in how the country’s credit prospects are being assessed. While South Africa’s sovereign rating remains unchanged at Ba2, the improved outlook signals that Moody’s sees a stronger possibility of an upgrade if recent fiscal and reform trends continue.
The rapid rise of artificial intelligence is redefining corporate governance in South Africa, with the newly introduced King V Code placing clear responsibility on boards to oversee its ethical and strategic use.
07 May – PAYE submissions and payments
"Only accountants can save the world — through peace, goodwill, and reconciliations." (Unknown)
"There is nothing so useless as doing efficiently that which should not be done at all." (Peter Drucker, Author of “The Effective Executive”, 1966)
"Don’t put all your eggs in one basket." (Idiom)
“A small business is an amazing way to serve and leave an impact on the world you live in.” (Nicole Snow)
Boards are operating under increased scrutiny, with stronger regulatory enforcement, rising stakeholder expectations, and greater personal accountability for directors. In this environment, it is no longer sufficient to rely on high-level commitments. Boards are expected to demonstrate structured decision-making, clear governance processes, and effective oversight of environmental, social, and governance (ESG) risks.
The latest Monetary Policy Review from the South African Reserve Bank highlights a more uncertain economic environment, with inflation risks shifting to the upside despite recent progress in stabilising prices.
The Companies and Intellectual Property Commission (CIPC) is strengthening its approach to statutory compliance, elevating what was often treated as an administrative task into a clear regulatory and reputational risk.
The latest Operation Vulindlela progress report highlights continued momentum in South Africa’s structural reform agenda, with a focus on addressing constraints to growth, investment, and service delivery.
01 April: Start of the 2026/27 Financial Year
The global minimum tax (GMT) – called an “agreement that will really change the world” – will be implemented in South Africa by SARS in 2026/27. While it may not impact your business directly, it should ultimately reduce your share of the tax burden by ensuring all multinational enterprises (MNEs) contribute their fair share of local taxes.
While on the surface they are just a spot of fun, team building exercises are actually a strategic investment in your business culture and performance. Done well, team building strengthens communication, fosters trust, and boosts morale. Done poorly, it feels like a forced afternoon that costs money and delivers little.
The recent increases in the compulsory VAT registration threshold to R2.3 million and in the voluntary registration threshold to R120,000 are widely welcomed. It will certainly ease the administrative burden on small businesses and the strain on their cash flow.
Growth feels like progress. Sales increase, staff numbers rise, and profit improves. Yet each of these shifts changes your tax position.
For many taxpayers, few words inspire as much anxiety as “pay now, argue later”. This long‑standing rule allows the South African Revenue Service (SARS) to collect disputed tax immediately, even while objections or appeals are still pending. But a recent High Court ruling has signalled an important shift, curbing what courts have described as SARS’s “reflexive no” to suspension‑of‑payment requests and reinforcing the growing importance of procedural law and evidence in tax disputes.