Three important things to know about getting tax clearance from SARS
If getting your South African tax clearance is something that’s been lingering on your to-do list, here’s what you need to know to get it sorted. Tax compliance is important for South Africans living abroad, because tax residents are required to file a tax return with...
Money matters: digital currency in the works for South Africa?
The South African Reserve Bank recently confirmed that they are investigating the possibility of launching a “digital rand” and that this research should be complete sometime next year. A rising global trend, backed by a central bank, digital currencies are a form of...
Using your foreign investment allowance – what you need to know and documentation required
If you’re a South African living abroad, and you haven’t formalised your emigration or wrapped up your financial affairs back home, you’re entitled to use your Foreign Investment Allowance to transfer abroad up to R10 million per calendar year. There are certain...