South Africa’s exchange control and tax systems are in the process of being modernised and overhauled. This means that the South African Reserve Bank (SARB) and the South African Revenue…
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As the end of 2023 draws near, this is your reminder to make use of your annual exchange control allowances in order to move money out of South Africa. To…
The SARS tax compliance status (TCS) processes involved with making international money transfers out of South Africa have changed. Where previously you would use the TCS – Emigration to repatriate…
If you’re emigrating, you’ve probably already arranged the packing and moving of your belongings. You’ve likely already sorted out passports, visas and flights for your family members, and you have…
The South African Revenue Service (SARS) has changed its Tax Compliance Status (TCS) process, with the introduction of the “Approved International Transfer” (AIT) application replacing the “Emigration” and “Foreign Investment…