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February 2014: What is your tax status?

As an expat, still holding assets and other interests in South Africa, it’s in your interest to know your SARS tax status because you never know when you might need this information!

The common ‘mistake’ people make when leaving the South Africa to go live abroad is requesting SARS to deregister their tax number, not thinking they may need an active and up to date tax record when they want to move money from South Africa in the future.

The bottom line: no tax number no can move money.

Be an optimist – make sure you have a tax number – it may come in handy. What is your tax status? You don’t know! Ask a one of our tax consultants to give you a call, at no charge.

You never know. SARS may owe you some money!

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