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Coming Home? SARS Tightens Record-Keeping for Returning Expats The South African Revenue Service (SARS) has announced enhancements to its record-keeping of taxpayers’ tax residency status this coming tax filing season, taking direct aim at returning South African expatriates. This move sends a clear message to expats who previously ceased tax residency that their re-entry into […]

Leaving SA does not abruptly end all one’s dealings here, but the devil is in the detail It is not to say that all South Africans who have started a new life overseas – whether for an extended period or permanently – have or want to sever all ties with their country of birth. Many

DO SOUTH AFRICAN EXPATS RETURN HOME FOR THE BRAAIS? The fact that several countries abroad do not let you have a braai whenever and wherever you want, is not on its own the reason why South African expats return home after many years abroad. But when added to factors like cultural differences, the lack of

Project AmaBillions | Being abroad won’t save you from SARS’ collection efforts Being abroad won’t save you from SARS’ collection efforts As the upcoming tax filing season approaches, the South African Revenue Service (SARS) is reportedly ramping up a major initiative aimed at recovering outstanding tax debt including from taxpayers living abroad. READ MORE John-Paul

Expats Among Millions of South Africans Tapping into Two Pot-Windfall Only two months into the new tax year, many South Africans have again dipped into their retirement fund Savings Pot, after also making a withdrawal in the previous six months. READ MORE John-Paul FraserTeam Lead: Cross Border Taxation Featured in Retirement fund administrators represented on

Don’t be misled: No waiting period for SA expats who want to cease tax residency Many South African expatriates have unknowingly missed out on paying lower taxes in South Africa for years while living abroad, due to confusing or misguided advice that they must reside outside the country for a number of years before officially

Don’t be misled: No waiting period for SA expats who want to cease tax residency Many South African expatriates have unknowingly missed out on paying lower taxes in South Africa for years while living abroad, due to confusing or misguided advice that they must reside outside the country for a number of years before officially

Understanding South Africa’s Exit Tax and the Proposed Tax on Retirement Interests A misunderstanding of certain sections in the Income Tax Act has many South Africans who moved abroad and ceased tax residency, worried that they will also be liable to pay Capital Gains Tax (CGT) on the withdrawal of their retirement funds, in addition

Talk of a Wealth Tax in South Africa is just not going away The ever-present talk of imposing a wealth tax on South Africans as a source of revenue has resurfaced after National Treasury’s plan to collect an additional R58 billion mainly from higher VAT in the 2025/26 financial year, was stopped in its tracks

South Africa’s Financial Future in Limbo – Should You Exit Now? The initial disbelief and shock on the postponement of the 2025 Budget Speech may have made way for cooler heads and the hope that more deliberations will deliver better budget outcomes for vulnerable citizens and a platform for economic growth, but many South Africans