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…
Read More
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…
If you’re a South African, it’s important to know that your relationship with the South African Revenue Service (SARS) is complicated. How so? Well, you don’t actually have to live…
If you hadn’t already heard, this year’s tax season is underway. With this in mind, the South African Revenue Service (SARS) released vital information to ensure that taxpayers are equipped…
If there’s a phrase that can send shivers down the spine of any and every person – it’s definitely ‘SARS tax auditing’. Aside from causing heart palpitations, what else happens…