Can SARS tax you on your way out the door? Yes, but not on everything, and not in the way most people expect. The South African exit tax is a…
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Many South Africans who work abroad assume that exempt foreign income means there is nothing to declare and nothing to file. The exemption is claimed on a tax return. SARS…
Don’t let your family inherit a legal headache in two countries. If your assets sit in two countries, having a single will may be setting your family up for exactly…
When a South African expat permanently returns to South Africa, it has important tax consequences. This is especially relevant to expats with foreign income. It will also affect anyone with…
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…
No one likes discovering they’ve made a tax mistake, especially when it involves several years of missed declarations or unpaid tax. But whether it was an honest oversight, a misunderstanding…
Think your offshore bank accounts are invisible to the South African Revenue Service (SARS)? Think again. For many South Africans living and working abroad, opening an overseas bank account feels…
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…
Many South Africans working abroad assume that earning an income overseas automatically means they no longer have to pay tax in South Africa. Unfortunately, that’s not always true. Whether you…
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…