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…
Read More
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,…
When one partner leaves South Africa before the other, the two of you end up with different tax residency statuses. That mismatch brings real financial planning risks. It affects the…
Give your spouse a car, settle their bond, move an investment portfolio into their name, and no tax question arises. Currently, donations between spouses are exempt, with no cap and…
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…
Living abroad does not automatically end your South African tax obligations. Many South Africans are surprised to discover that even after moving overseas, the South African Revenue Service (SARS) may…
Once you’ve watched the short video below, you’ll see that physically leaving South Africa does not automatically end your tax obligations with the South African Revenue Service (SARS). This is…
If you’ve watched the discussion above, you already know that simply moving abroad does not automatically end your relationship with the South African Revenue Service (SARS). Many South Africans are…