If you left South Africa before 1 March 2021 and still have money in a South African retirement annuity or preservation fund, you can withdraw it once you have been…
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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…
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…
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…
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…
If you have ceased South African tax residency, or you live abroad and still own assets here, your existing South African bank account no longer matches your status. The account…
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…
If you earn money outside South Africa, whether that is a salary from an overseas employer, rent from a flat in London, or interest sitting in an offshore savings account,…