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YOU ARE NO LONGER RESIDING IN SOUTH AFRICA, BUT DID YOU LET SARS KNOW? South Africans working abroad seldom follow the correct procedures when it comes to matters pertaining to tax. Most of the concerns originate from the uncertainties surrounding the ceasing of their tax residency, with many not even sure what the term really […]

3 QUESTIONS SA EXPATS MUST ASK ABOUT TAX RESIDENCY Access to current information has become the saving grace for expatriates. However, with the advent of social media platforms, came an accompanying surge of opportunistic advisors who unknowingly, and sometimes knowingly, mislead vulnerable expatriates in their quest for clarity, and in so doing, potentially harm their

SARS EAGER TO EMPLOY INEXPERIENCED YOUTH TO ASSIST CONFUSED TAXPAYERS The South African Revenue Service (“SARS”) recently expressed its intentions to dive into its recruitment drive with renewed vigour. First on the block, is the employment of 250 young South Africans. This presents a grave concern for expats working, or planning to work, abroad. Thomas

2021 TAX PROPOSALS SIGNED INTO LAW – 5 KEY CHANGES The President has given effect to the 2021 tax proposals by signing three tax Acts into law. On 14 January 2022, the President gave his assent to the Rates and Monetary Amounts and Amendment of Revenue Laws Act No. 19 of 2021 (“Rates Act”), the

WITHDRAWAL OF EXIT TAX CONFIRMED AS PRESIDENT SIGNS TAX BILLS INTO LAW The President has given effect to the 2021 tax proposals by signing the relevant tax Acts into law. With the promulgation of the Taxation Laws Amendment Act No. 20 of 2021 (“TLAA”), Government’s promise to scrap the exit tax on retirement interests has

THE ‘SILENT’ CHANGES AFFECTING SOUTH AFRICANS WHO ARE EMIGRATING The transition from the old emigration regime to the current regime – ceasing of tax residency, came with some relief. However, there were some silent changes that went unnoticed. The most notable change has been the requirement of a SARS Tax Compliance Status (TCS PIN) for

TAX RESIDENCY CERTIFICATES: THE CONTENTIOUS DEBATE AMONGST EXPAT TAX ADVISORS For years the South African Revenue Service (“SARS”) has been trying to amend legislation to affect the way that expatriates are taxed on their foreign earnings. Their relentless pursuit for tax compliance often directs them towards individuals who are not disclosing all their earnings. READ

SARS’ NEW LETTERS OF NON-RESIDENCY – HIDDEN TEETH The South African Revenue Service (SARS) has recently started issuing letters to taxpayers working abroad, confirming their change in status to non-residents for tax purposes. This is a somewhat peculiar development for expatriates who have previously ceased their tax residency, as they are now requiring an additional

SARS IS NOW ISSUING LETTERS CONFIRMING NON-RESIDENCY WHAT DOES THIS MEAN FOR EXPATS? One of the challenges faced by taxpayers who have left South Africa and ceased their South African tax residency has been obtaining objective confirmation of the fact. READ MORE Featured in Ordinarily, this dilemma would require a taxpayer to maintain a preponderance

SARS’ TAX LAW BLUNDER GIVES EXPATS A QUICK BREATHER Following deliberation with members of the public, National Treasury recently released its official response to the Parliamentary submissions on their proposed Draft Tax Bills. Among other things, Treasury noted that they would withdraw a controversial amendment that would have been problematic for South African expatriates contemplating