In case you haven’t already heard, the South African Revenue Service (SARS) is stepping up its efforts to ensure full income tax compliance by making it increasingly challenging for taxpayers…
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Whether you’re a South African expat living abroad or a newcomer to South Africa, understanding the tax system and obtaining and maintaining a Tax Number from the South African Revenue…
Minimising your tax burden is a natural concern, but navigating the line between legal tax avoidance and illegal tax evasion can be tricky. With this in mind, we thought it…
Gone are the days when claiming your South African inheritance from abroad felt like scaling Everest in flip-flops. Thanks to recently relaxed exchange control regulations, inheriting from back home is…
Transferring money overseas from South Africa isn’t as complicated now as it once was. Exchange control rules and regulations used to be extremely restrictive, and there was a significant distinction…
At the end of 2023, the South African Revenue Service (SARS) made public its plans to modernise the administrative framework for the South African Value Added Tax (VAT) system. In…
South Africans living abroad are facing a significant shift in procedures from the South African Revenue Service (SARS). This change comes with a warning for expats regarding their tax compliance….
Last month on our blog, we covered inter vivos trusts and what they’re used for, while taking a look at the exchange control implications for offshore beneficiaries. This time around,…
Emigrating and getting ready to leave all your troubles and taxes behind? Not so fast. There are a few things to consider first, such as your tax resident status in…
The 2023 SARS Tax Season kicked off in July. If you’re a South African living overseas you might be tempted to think that this doesn’t apply to you, but there’s…