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…
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…
Where you spend your retirement isn’t just a lifestyle question. It’s also a financial one, and the numbers can look very different depending on which side of the border you’re…
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…
Few things are more unsettling than discovering that your South African bank account has been frozen or that money has unexpectedly disappeared from your account. As the South African Revenue…
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…
For many South Africans living abroad, tax often becomes an “out of sight, out of mind” issue. But when it comes to expat tax in South Africa, ignoring your obligations…
Relocating overseas is a major life decision. But from a tax perspective, booking a one-way flight is only part of the process. If you are living abroad or planning an…
Over the past seven years, more than 50,000 South Africans have taken formal steps to cease tax residency in South Africa, according to the latest data from the South African…