Don’t let SARS be the last to know: when to notify the authorities of your tax status change
As a South African, even if you’re living and working overseas, you may still be considered a tax resident and liable to pay tax back home. This is because South Africa has a residence based system that means if you fall into the definition of ‘tax resident’, you’ll...
Exchange rate
The South African exchange rate tends to fluctuate quite quickly and has done so over the past year. From the economy to unemployment, and now Covid-19, the value of our currency often seems more on the proverbial dip than on the upward rise! It’s no wonder that...
The Conduct of Financial Institutions (COFI) Bill: what’s the big deal for consumers?
In 2011 South Africa began implementing a new regulatory framework for the evolving financial sector. Dubbed the ‘Twin Peaks’ regime, South Africa is the eighth country in the world to adopt such an approach to governance. With the Conduct of Financial Institutions...