Looking to grow your wealth beyond South Africa’s borders? If you’re thinking about taking your money offshore, the Foreign Investment Allowance (FIA) is one of the key tools available to…
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Moving abroad doesn’t always mean you’re free from South African tax obligations. If you’re a South African tax resident, you must stay compliant with the South African Revenue Service (SARS),…
There are specific rules if you live in South Africa and want to send money to another country. These exchange controls and tax rules are in place to ensure people…
Did you know the South African Revenue Service (SARS) no longer issue paper-based tax clearance certificates? It’s true! In 2015, SARS switched to the Tax Compliance Status (TCS) system, a…
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…