Making friends with the tax man
Death and taxes are two inevitable facts of life. If you have outstanding tax returns and income, which should be declared in South Africa, you can now do so, without penalty.
SARS is re-introducing its voluntary disclosure program as a permanent fixture with effect from October 2012. “It can’t get more fair than this” says Hugo van Zyl, finglobal.com’s cross border tax specialist “in my book this is a gesture of goodwill and proof that the Tax Man simply wants to do his job.”
What exactly does this mean to the man on the street? As a South African expat, whether you live on a London, Perth or Christchurch Street, chances are you have outstanding taxes payable back home! For many this is an out of sight, out of mind matter. Accepted. Now however this is an opportunity that you can grab with both hands and get that niggling thing off your to-do list.
Simply put: if you have outstanding tax returns and income in South Africa which should be declared you can now do so, without penalty. If, on the other hand you don’t act and for any reason the Tax Man calls on you, penalties can be as much as 200%.
We’ll help “get my SA tax up to date” off your to-do list and get this niggling thing off your back so you can do the things you really want to do as opposed to being saddled with the things you have to do!Best of all? This is an incentive to help you get your house in order and do what you’ve been wanting to do for a long time: to consolidate South African investments left behind in your new home country. Now you can without being worried about the tax bill! In reality Jan Taks is doing you a favour.“
Best of all? This is an incentive to help you get your house in order and do what you’ve been wanting to do for a long time, and consolidate investments you may have left behind in your new home country. You can now do so without being worried about the tax bill! Effectively Jan Taks is doing you a favour.
If you need to get the ball rolling, just click here.“My advice? Just do it!”
In a bet there is a fool … and a thief!
Looking at the Rand’s past performance – how confident can one be that the currency loss experienced in a South African RA is going to recover and deliver a real return in the next 12 months?
Living in another country with your RA’s “working for you” in South Africa is like long distance gambling. If you still have annuities back home it is tantamount to betting that the Rand is going to surge in power and value.
A good friend once told me “he who claims to accurately predict the future is fooling himself”. Looking at the Rand’s past performance – how confident can one be that the currency loss experienced in a South African based investment is going to recover and deliver a real return in the next 12 months?
Is it not time to consolidate investments such as RA’s and to invest in a market or vehicle of your choice? Age is just a number. Remember you are fully entitled to withdraw your RA as and when you please … because 55 is just a number.
The expression it is never too late doesn’t really ring true when looking at the ROI of an RA. It makes a great deal of sense to take action sooner rather than later.
In the words of a highly respected economist: “We are often asked our opinion on the anticipated strength/weakness of the Rand, especially as the currency has behaved erratically all year. Trying to time the movement of the Rand to maximise exchange returns is, to say the least, a gamble”
Isn’t it time to start thinking about cashing in?
At finglobal.com we’ve successfully helped to cash in hundreds of millions in Rand. We’d like you to know – for us it is all about your return. Last word? Around here you’ll never be a number. Put us to the test – we’ll call you.
Your children missing Ouma and Oupa?
Here’s a deal: we’ll fly Oupa or Ouma, Suzy or Johnny from anywhere to South Africa or the other way around. Why? Because we know what it’s like to be hugged and your hair ruffled.While email, Instagram, Skype and Facebook are great tools to maintain long distance family ties, nothing beats sitting on Oupa’s lap, or that smell when Ouma takes the freshly baked rusks from the oven. Nooit ek sê!
A Skype kiss can’t make up for a real hug and having your hair ruffled. We believe nothing is impossible. Whether it’s getting Ouma to Toronto or Sussie to Standerton, anything is possible!
All you have to do is point your smartphone at the QR code on the left and go through the motions. We’re going to ask you a few simple questions and then you click the detail to us. What happens next? If yours is the lucky name drawn, the choice is yours: who comes, or who goes to visit whom?
If you’re the selfless type you can forward this link to friends and family, whether abroad or living in South Africa. Think of it this way – someone’s going to win, so you may as well have a hand in it!The deal? We’ll fly someone from anywhere to South Africa or the other way around. Why? Because we know what it’s like to be hugged.
And yes, you’re right, there is a catch. This opportunity is only available to South Africans and their families; irrespective of what nationality you married. Give it a go – you never know!
Tick, tock, tick, tock…
Since sharing this windfall in fresh milk #1, we’ve received 47 enquiries to transfer properties to natural people.
A gentle reminder: with only 82 days to go before the opportunity to transfer your property sitting in a Trust or Closed Corporation expires, you need to move quickly. Since sharing this windfall infresh milk #1 we’ve received 47 enquiries to transfer properties to natural people. It’s our guess, but there must be many more. Don’t lose out – pop Hugo a mail, he’ll take care of the rest!
What we do … in 60 seconds
Let your friends know what it is we do and stand a chance to win 12 bottles of wine from Hermanus’ Hemel and Aarde Valley, delivered to your local or international door.
Our job is to make life easy for you. The decision to emigrate doesn’t happen in 60 seconds, it’s probably the most important decision you’ll ever make. It can take up to a year and a great deal of frustration to happen. We make it simpler and quicker. Click here.
Why not send this on to three South African friends who may benefit from what it is we do and stand a chance to win those 12 bottles of wine. If not for the love of wine, do your friends a favour! View video
did you know? The Top 10 in-demand jobs in 2010 did not exist in 2004, and what we do at finglobal.com did not exist in 2010!
What is it with South Africans and the moon?
Krugersdorp engineer George Pratley invented his famous sticky stuff in the 1960’s while looking for a glue product that would hold components in an electrical box in place.
Prior to Japie van Zyl’s “Curiosity” (fresh milk #1) – Pratley’s famous putty was the first of its kind in the world and the only South African invention that has been to the moon. In 1969 the putty was used to hold bits of the Apollo XI mission’s Eagle landing craft together.
Pratley passed away in 1983 but his name and legend lives on in the Pratley Brand… Hundreds of thousands of units of Pratley Putty have been exported all over the world and over time the company has diversified into many more successful and unique products.
As the saying goes … ‘n boer maak ‘n plan!