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…
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A big important decision was reached recently in Parliament, after the National Treasury (aka Treasury) and the South African Revenue Service (aka SARS) presented to the Standing Committee on Finance….
So what happens to you on the date that you cease to be a South African tax resident? What does it mean to cease tax residency in South Africa? Do…
South Africa has a residence-based tax system. This means that even if you are working and living overseas, you may still be considered a South African resident for tax purposes,…
In case you missed Finance Minister Tito Mboweni’s recent Budget Speech, we’ve scanned the media and delved behind the headlines to examine the tax impact on South Africans living and…
With impending changes to the Income Tax Act for South Africans living and working abroad (#ExpatTax2020), many are considering their options in the face of being taxed up to 45%…
With the topic of “expat tax” getting so much airtime in the news and around the office watercooler recently, we’ve seen a lot of uncertainty and misconceptions spreading around the…
SARS tax for expats has been a hot subject over the last year. There has been an ongoing debate on how to go about SARS tax for expats. We’ve puzzled…
South Africans are a special breed of humans. With our tough, resilient spirit, we are uniquely equipped for entrepreneurship. It is sheer determination, grit and zero fear for hard work…
If you’re a South African living abroad, your tax responsibilities back home don’t have to be overwhelming, but they will start to feel that way if you ignore the matter…