Whether you’re emigrating from South Africa as an individual or as a family, there’s a lot to think about, and if you’re a business owner, the list of considerations gets…
Read More
South Africa has a residence-based tax system, in which residents are taxed on their worldwide income, irrespective of where their income was earned. This means that even if you don’t…
Retirement annuities have been designed as tax efficient vehicles that encourage South Africans to save during their working years, to ensure that they have sufficient income to maintain a comfortable…
When considering the planning involved in emigration from South Africa, there is so much more to it than packing boxes, booking flights and arranging passports and visas. You will also…
Emigrating and getting ready to leave all your troubles and taxes behind? Not so fast. There are a few things to consider first, such as your tax resident status in…
The 2023 SARS Tax Season kicked off in July. If you’re a South African living overseas you might be tempted to think that this doesn’t apply to you, but there’s…
If you’re a South African, it’s important to know that your relationship with the South African Revenue Service (SARS) is complicated. How so? Well, you don’t actually have to live…
The South African Revenue Service (SARS) rules over a tax domain that is residence-based. This means that all tax residents are expected to pay tax on their income, whether it…
Tax residence in South Africa can be a slippery concept to grasp. Even though you might have left South Africa permanently a number of years ago, if you visit home…
Knowing what is expected of you from a tax obligation point of view is important when you emigrate from South Africa. This is because the act of relocating alone does…