Everything Counts | Episode 44: What the new 2026 tax allowances mean for you?

About this episode

This episode discusses the implications of the 2026 Budget Speech on savings, investments, and retirement planning for South Africans.

The new tax year is here, and the 2026 Budget Speech introduced important changes that could reshape how South Africans save, invest, and plan for retirement. In this episode of Everything Counts, host Motheo Khoaripe sits down with Vumi Dludlu, Investec financial adviser, and Johan Loubser, head of adviser enablement at Investec, to unpack what the 2026 National Budget means for your money, and how you can make the most of the new tax year from day one. From higher tax-free savings limits to a bigger retirement contribution deduction cap, the rules have shifted. But what do these changes actually mean for savers and investors in practice? In this conversation, we break down: ● The increase in the tax-free savings annual limit to R46,000 ● The higher retirement fund deduction cap and what it means for retirement planning ● How the new tax year creates an opportunity to reset your financial strategy ● Why starting contributions early can significantly boost compounding ● Other budget updates affecting portfolios, including capital gains tax exclusions and offshore investing allowances Whether you're investing monthly, planning a lump sum contribution, or reviewing your long-term…

People in this episode

Host: Motheo Khoaripe

Guests: Vumi Dludlu, Johan Loubser

Topics covered

• tax allowances
• financial planning
• retirement savings
• investment strategy
• budget updates

Keywords

• tax-free savings
• retirement contribution
• financial strategy
• compounding
• capital gains tax

Mentioned in this episode

Organizations: Investec

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