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Emigrating – what does SARS need to know and why

South African tax residents are obligated to declare and pay tax on their worldwide income and capital gains, subject to certain exemptions.

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Apostil will gladly procure your documents in order to move overseas:

• Policy clearances • Unabridged certificates • Retention of citizenship • Attestations / Apostille of documents

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retirement-annuity-withdrawal-south-africa

Understanding the lump sum tax tables on early withdrawal of South African retirement funds

| FinGlobal, Retirement annuities | No Comments
If you take cash out of a South African retirement fund before you retire, the amount you receive is not the amount you asked for. SARS taxes the withdrawal first,…
South-African-retirement-annuity

Should you freeze, maintain, or withdraw your South African retirement annuity?

| FinGlobal, Retirement annuities | No Comments
If you have left the country, or you are planning to, your South African retirement annuity stays behind, until you do something about it. You have three broad choices. You…
cease-tax-residency-south-africa

How to prove to SARS that you are no longer a South African tax resident

| Financial emigration, FinGlobal | No Comments
If you are a South African tax resident, SARS taxes you on your worldwide income, subject to the exemptions and exclusions that apply. Every year you remain a resident is…