- Eswatini’s 2026 budget focuses on VAT reforms to ease the cost of living and improve tax fairness, including raising the VAT-exempt threshold and zero-rating essential goods.
- The government aims to close a significant compliance gap (about E 4 billion annually) through better enforcement, not by increasing tax rates.
- VAT collections are projected to rise by 24.8% in 2026/27, with overall tax revenue expected to grow by 13.2% in 2025/26.
- The only new tax measure is a 3.39% excise duty increase on alcohol and tobacco, aligning with South African rates.
- The budget maintains a neutral to slightly progressive stance, prioritizing compliance and relief for households over new tax burdens.
Source: vatabout.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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