When South Africans move abroad, many stop contributing to their South African retirement annuity (RA) and leave it in place. Over time the email address on file changes, the adviser…
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When Stanley and Emma (fictional characters based on real clients we have helped) sold a property in South Africa, things were slightly more complicated than they had anticipated. They are…
If you’re a South African tax resident working overseas, SARS counts your foreign salary as part of your worldwide income and taxes your worldwide income. Let’s look at important tax…
Leaving South Africa is rarely just one decision. It’s many smaller decisions made while packing up a life. Like which visa to apply for and what to do with the…
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…
Give your spouse a car, settle their bond, move an investment portfolio into their name, and no tax question arises. Currently, donations between spouses are exempt, with no cap and…
Many South Africans working abroad assume that earning an income overseas automatically means they no longer have to pay tax in South Africa. Unfortunately, that’s not always true. Whether you…
Moving overseas is an exciting adventure, yet there are always moments when you simply miss the familiar sounds of Mzansi. Settling into a new country comes with its own set…
For many South Africans planning to relocate abroad, structuring finances ahead of departure is a critical step. But what may seem like a simple transfer of assets between spouses could…
For many South Africans living abroad, tax can feel like “out of sight, out of mind.” But even if you have left the country without formally ceasing tax residency in…