2022 BUDGET SPEECH IMPLICATIONS FOR SOUTH AFRICANS WORKING INTO AFRICA IN MINING AND RELATED SERVICES
EVENT DETAILS:
PLATFORM:
MS Teams
DATE:
Wednesday, 4 May 2022
TIME:
18:00-19:00 (GMT+2)
ATTENDANCE FEE:
Free
The Budget 2022/23 as well as developments the past year in SARS practices contains some important updates for South Africans working internationally. We have held bespoke webinars for various international groups in the past month in Dubai, Qatar and London; and have been asked by clients, prospective clients and employers to share the critical market updates, especially pertaining to rotational and other international South Africans into Africa.
The session will cover the key areas of Budget 2022/23 and SARS practice changes which impact South Africans working in Africa, including tax return compliance, SARS audit approach, using of Double Tax Treaties and related compliance aspects. The latest SARS Rulings on expatriate housing, home flights and expatriate benefits provided on-site will also be covered. Examples and SARS audit strategies and criminal prosecution examples will be shared, to ensure that each attendee is well equipped on ensuring full compliance and optimal planning.
The efforts of National Treasury and SARS remains very much focussed on international South Africans and this now being the 5th consecutive year where dedicated announcements were made aimed at South Africans abroad. We will deal with both the high level announcements, but also the practical strategies to ensure tax and financial optimisation.