Ceasing tax residency changes how SARS taxes you. Your South African citizenship is governed by a separate law, administered by a separate department, and stays in place when you complete…
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If you ceased your South African tax residency early in your career and decided to move back to South Africa later, a lot depends on the date you become a…
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…
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,…
If you have left the country and want to cash in your South African retirement annuity (RA), you have probably run into the “3-year rule”. It is one of the…
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…
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…
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…