IS THE PROPOSED TAX ON RETIREMENT INTERESTS AN “EXIT TAX”? The most contentious proposal introduced by the 2021 Draft Tax Bills is arguably the tax on retirement interests when a person ceases tax residency. The proposed tax has widely been christened as a further “exit tax” imposed on South Africans leaving the country. However, based […]
Is The Proposed Tax On Retirement Interests An “Exit Tax”? Read More »
THE GLITCH IN OUR NEW RESIDENCY-BASED SYSTEM South Africa’s exchange control regime has relaxed considerably over the last few years, but the most recent amendments have created widespread confusion around the definition of non-residency for exchange control purposes. Sthembile MkhizeExpatriate Tax Specialist (LLB) READ MORE In particular: When is a person non-resident for exchange control
The Glitch In Our New Residency-Based System Read More »
FINANCIAL EMIGRATION SHOULD I STAY, OR SHOULD I GO? Whether working abroad or still hunting for jobs overseas, the possibility of a financial emigration always hits centre stage at some point. Reinert van RensburgExpatriate Tax Specialist(BCom Law & LLB) READ MORE Featured in Tax is inherently complex, but once you start crossing borders it becomes
Financial Emigration: Should I Stay, Or Should I Go? Read More »
AVOID TAX WOLVES IN SHEEP’S CLOTHING SIX THINGS TO LOOK OUT FOR Post-Covid economic resurgence saw an increase in international work opportunities. With skills in hand, many South African professionals have become sought-after in other countries. As a result, their finances and subsequent taxation have come under scrutiny. However, along with the awareness of tax
Avoid Tax Wolves In Sheep’s Clothing: 6 Things To Look Out For Read More »
