If you’re a South African expat planning to withdraw your retirement annuity, there’s an important regulatory change you need to know about. The South African Revenue Service (SARS) has introduced…
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South Africa’s two-pot retirement system came into effect on 1 September 2024, marking a major shift in how retirement savings are managed, accessed, and preserved. Whether you’re living abroad or…
If you’re living overseas and thinking about transferring money out of South Africa, you’ve probably asked: “Do I need to tax emigrate before I can move my money?” Here’s the…
Relocating from South Africa and adjusting to life abroad can feel overwhelming, with an endless list of tasks to complete. From settling into a new culture to managing cross-border finances,…
Just because you’re moving abroad doesn’t mean you can wave goodbye to your South African tax responsibilities. If you’re still considered a South African tax resident, you’re still on the…
So, you’ve probably heard people talking about getting a “South African tax clearance certificate.” Well, here’s a bit of a surprise: the South African Revenue Service (SARS) no longer issues…
When it comes to South Africa’s exchange control and taxation systems, big changes are underway. As the country modernises its systems, it is vital for South African expats to stay…
Did you know the South African Revenue Service (SARS) no longer issue paper-based tax clearance certificates? It’s true! In 2015, SARS switched to the Tax Compliance Status (TCS) system, a…
Seeing red on your eFiling tax return status dashboard? Don’t panic! Spotting a “non-compliant” status notification when seeking your SARS tax clearance certificate simply indicates that there is an issue…
South Africa’s exchange control and tax systems are in the process of being modernised and overhauled. This means that the South African Reserve Bank (SARB) and the South African Revenue…