Expat Tax News: Clarity on the new South African financial emigration rules
A big important decision was reached recently in Parliament, after the National Treasury (aka Treasury) and the South African Revenue Service (aka SARS) presented to the Standing Committee on Finance. The topic under discussion? Proposed amendments to tax law that...
Four Things You Need to Know About Selling Your South African Property As An Expat
What do you do as an expat if you decide to sell the property you own back home because you no longer have any intention of returning to South Africa? If you’re a non-resident, you’ll need to be prepared for the tax implications of this cross-border transaction. Here...
FAQ Regarding Retirement Funds Under 3 year Lockdown After Emigration
The 13th of October 2020 was a big day for recent and soon-to-be South African expats. It’s the day the National Treasury laid down the law and confirmed changes to be set in place by the Draft Taxation Laws Amendment Bill with specific reference to how expats can...