News

Where Do You Stand with SARS? Why a Tax Diagnostic Review is the Best New Year’s Resolution for 2026 As we step into 2026, there is no better time for taxpayers to gain clarity on their exact standing with the South African Revenue Service (SARS). Many individuals assume their tax affairs are in perfect order, […]

Provisional Tax Deadline Looming: What South Africans Must Know As the 2026 provisional tax deadline approaches, thousands of South Africans are searching for clarity: What must I submit? What has changed? How do I avoid penalties & interest? These questions matter because for taxpayers earning income outside traditional employment, provisional tax is a non-negotiable responsibility

SARS Will Soon Know About Every Foreign Property You Own — Are You Prepared? The South African Revenue Service (SARS) is about to gain unprecedented visibility into your offshore life. A new global tax agreement means SARS will soon automatically receive detailed information about every foreign immovable property owned by South African taxpayers across more

Renounced South African Citizenship? You May Still Be Taxable in the Eyes of SARS With the South African Revenue Service (SARS) expected to crack down on individual expats who remain non-compliant, South Africans living abroad and who have renounced their South African citizenship should take note that this step does not automatically end their tax

Planning to Emigrate in the New Year? Start Preparing Now Before the Festive-Season Slowdown Hits As the year draws to a close, many South Africans begin preparing for international relocation at the start of the new year, yet the administrative side of emigration, particularly ceasing South African tax residency is often more complex than anticipated.

SARS Will Soon Know About Every Foreign Property You Own — Are You Prepared? The South African Revenue Service (SARS) is about to gain unprecedented visibility into your offshore life. A new global tax agreement means SARS will soon automatically receive detailed information about every foreign immovable property owned by South African taxpayers across more

How SARB’s New Rules Affect the Transfer of South African-sourced Income Abroad At the end of October 2025, the South African Reserve Bank (SARB) introduced material changes to the processing of cross-border income transfers. While intended to reinforce compliance and enhance alignment between SARB and the South African Revenue Service (SARS), these measures mean that

National Treasury Withdraws Controversial Proposal to Remove Tax Exemption on Foreign Pensions, Opts for Broader Consultation The National Treasury has for now abandoned its highly contested proposal to remove the tax exemption for foreign pensions applied to South African tax residents. This follows a robust public participation process where several role players warned of the

Tax Season May Be Over, But South African Expatriates’ SARS Work Might Not Be With the 2025 tax submission season now behind us, many South Africans living abroad may believe their tax obligations are settled for the year. However, for expatriates whose records at the South African Revenue Service (SARS) still reflect them as South

Parliament Heard: Foreign Pensions Tax Could Deter Wealthy Retirees, Returning Expatriates and Investment The proposed removal of the tax exemption on foreign retirement funds for South African tax residents could have far-reaching negative consequences, including deterring wealthy foreigners and expatriates from choosing South Africa as a retirement destination, discouraging return migration, and scare off global