On 21 February Finance Minister, Malusi Gigaba, delivered the 2018 National Budget Speech. He announced an increase in the VAT rate from 14% to 15% and below inflation increases in personal income tax rebates and the personal income tax brackets, with the top four brackets remaining the same. Use our 2018 Tax Calculator to work out how this will affect your personal income.
Work out what the 2018 Budget means for your income tax.
Read our experts’ opinion on the 2018 Budget Speech.
Download the Budget Speech transcripts and tax information.
Invest online and save on your personal tax in 2018.
Calculate your monthly and annual income tax for the 2018/2019 financial year.
Budget Speech 2018 by the Minister of Finance
National Treasury Budget Highlights
People's Guide to the Budget: Afrikaans
People's Guide to the Budget: English
People's Guide to the Budget: Setswana
People's Guide to the Budget: Xhosa
People's Guide to the Budget: Zulu
Arthur Kamp: Investment Economist: Sanlam Investments
Jean Lombard: Chief Executive: Savings
Anton Swanepoel: Head Legal Services: Sanlam Employee Benefits
Sanlam Life: Law Services
Sanlam Lewens: Regsdienste
Visit the Sanlam Blog for a breakdown of the key points from Budget Speech 2018.
You can’t control the outcome of the Budget Speech, but you can control your financial future. Take advantage of Sanlam’s range of tax-efficient products.
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Minister Malusi Gigaba’s Budget Speech will affect your budget this year. To make the best decisions about your hard-earned money, talk to an experienced Sanlam financial planner today.