You have left South Africa for good, but your retirement savings are still here. So, what can you do about that? Ceasing South African tax residency does not release your…
Read More
If you ceased your South African tax residency early in your career and decided to move back to South Africa later, a lot depends on the date you become a…
Your ability to withdraw your South African retirement savings from abroad depends on your tax residency status with SARS. Janine (not her real name) encountered this when she wanted an…
Can SARS tax you on your way out the door? Yes, but not on everything, and not in the way most people expect. The South African exit tax is a…
You can close a bank account and cancel a medical aid before you board the plane. But your South African retirement annuity is different. It stays exactly where it is,…
Many South Africans who work abroad assume that exempt foreign income means there is nothing to declare and nothing to file. The exemption is claimed on a tax return. SARS…
For many South Africans living abroad, ceasing South African tax residency feels like a clear milestone that’s naturally achievable. You’ve moved overseas, started a new job, opened local bank accounts…
For many South Africans living abroad, owning a property back home remains an important part of their financial journey. Whether it’s a family home, an investment property or a holiday…
No one likes discovering they’ve made a tax mistake, especially when it involves several years of missed declarations or unpaid tax. But whether it was an honest oversight, a misunderstanding…
For many South Africans moving overseas, deciding what to do with the family home is one of the biggest financial decisions in the emigration process. Some people sell property in…