Taxation Laws Amendment Act, 2026: Carbon Tax Updates and Phase 2 Implementation

The Taxation Laws Amendment Act, 2026, promulgated on 1 April 2026 following Presidential assent on 31 March 2026 , introduces key updates to South Africa’s Carbon Tax framework. The amendments confirm Phase 2 implementation from 2026, with effective dates outlined in the Act . The Act further strengthens alignment with the carbon budget system. Notably, updates to emission factors and Net Calorific Values (NCVs) are included, impacting emissions calculations and reporting (from p. 56).

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