When South Africans move abroad, many stop contributing to their South African retirement annuity (RA) and leave it in place. Over time the email address on file changes, the adviser…
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If you work abroad but are still a South African tax resident, SARS taxes you on your foreign salary. The “183-day rule” can reduce that bill. It lets you exempt…
When Stanley and Emma (fictional characters based on real clients we have helped) sold a property in South Africa, things were slightly more complicated than they had anticipated. They are…
Families who emigrate with children have more to plan than a couple moving on their own. Each parent has a tax residency status to settle with SARS. Children under 18…
Whether you’re paying university fees in the UK, starting a job in Sydney or Amsterdam, or thinking about an investor visa, one big question comes up: how do you move…
Dubai charges no personal income tax, which is one reason thousands of South Africans have moved there for work. While you remain a South African tax resident, however, SARS taxes…
Tax emigration is the SARS process of formally ceasing your South African tax residency. Once you have ceased residency, South Africa taxes you only on your South African sourced income….
Ceasing tax residency changes how SARS taxes you. Your South African citizenship is governed by a separate law, administered by a separate department, and stays in place when you complete…
If you’re a South African tax resident working overseas, SARS counts your foreign salary as part of your worldwide income and taxes your worldwide income. Let’s look at important tax…
If a relative in South Africa has died and named you as a beneficiary, there are two separate processes that have to be completed. The first is the winding up…