Every January, South Africa quietly resets one of the most useful exchange control tools available to individuals. Yet many South Africans living abroad only remember its existence when it is…
Read More
The festive season is here, and so is the opportunity to make the most of your Single Discretionary Allowance (SDA). Whether you’re a South African tax resident still living locally…
For South Africans who are still tax residents — whether you’re living at home or abroad — the Single Discretionary Allowance (SDA) is your annual offshore “spending pocket.” It lets…
Sending your hard-earned money out of South Africa can feel like navigating a maze of rules and regulations. A common worry for many is whether the South African Revenue Service…
As a South African resident, you have the option to move your finances offshore through the use of two exchange control allowances provided by the South African Reserve Bank (SARB):…