Permanently relocating from South Africa to another country is a huge, life-altering decision that triggers a complex web of logistical and emotional challenges. Among these challenges, proper management of your…
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There are many myths and misconceptions surrounding the tax obligations of South Africans living abroad. Some people think that simply by moving overseas and no longer being physically present in…
As the end of 2023 draws near, this is your reminder to make use of your annual exchange control allowances in order to move money out of South Africa. To…
When considering the planning involved in emigration from South Africa, there is so much more to it than packing boxes, booking flights and arranging passports and visas. You will also…
Until you have officially terminated your tax residency with the South African Revenue Service (SARS), you are still technically a South African tax resident, even if you’re living overseas. What…
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…
You’ve planned every logistical aspect of your relocation abroad, but have you given much thought to the tax and financial implications of your move? If you were thinking you could…
Many South African residents living overseas may be wondering if they are still allowed to open or conduct a bank account in South Africa once they have completed the tax…
The South African Revenue Service (SARS) has recently increased its penalty enforcement, targeting individuals who fail to submit their tax returns. While taxpayers who are compliant need not worry, non-filers…
If you have financially emigrated before 2021 it does not mean that you have ceased your tax residency with SARS. It is clear that there is a rapidly-increasing trend of…