What documents do you need to submit with your Tax Compliance Status (TCS) in respect of emigration?
Updates made to the exchange control rules in 2021 by the South African Reserve Bank (SARB) have shifted the focus from formal emigration to tax emigration. Tax emigration brings the South African Revenue Service (SARS) into the picture, and you will need to show the...
The POPI Act: What does it mean for you?
There’s been a lot of song and dance about it in the past couple weeks, as we were all flooded with generic notifications on our WhatsApp groups when the Protection of Personal Information Act (aka POPI Act) came into effect on 1 July 2021. So, what is all the fuss...
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...