Divulging Zuma’s Tax Records – What It Means For SARS And The Public
The Pretoria High Court delivered a profound judgment concerning the confidentiality of taxpayer secrecy on 11 November 2021.
Author Archive for: Tax Consulting South Africa
Entries by Tax Consulting South Africa
SARS Extends Tax Filing Deadline… But Why?
SARS published a media release confirming at the eleventh hour that the deadline for filing individual tax returns has been extended until the 2nd of December 2021. But what is the driver behind the indulgence?
Do I Qualify For Permanent Residency In South Africa?
The global trend of skills migration has resulted in numerous positions becoming vacant in South Africa. This means that foreigners with the desired skills are next in line to climb the company ladder, which makes residing in South Africa much more appealing.
Expatriate Tax: A Definitive Textbook That Unpacks The Complexities Of Expatriate Taxes
The number of South African taxpayers working abroad have increased systematically over the last two decades, as did the number of expatriates planning to formalize their emigration.
Zuma’s Tax Records Must Now Be Shared. Here’s What That Means For Taxpayer Secrecy In SA
A court ruling ordering the SA Revenue Service (SARS) to share the tax records of former president Jacob Zuma with the media may herald the start of the rolling back of the tax agency’s long-held policy of absolute taxpayer secrecy, according to adjunct associate professor Deborah Tickle of the University of Cape Town’s (UCT) Tax […]
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 emigration.
The Close Of The 2021 Filing Season – Don’t Be Caught Off Guard
The current tax filing season is almost at an end. Many taxpayers have submitted their annual return to the South African Revenue Service (“SARS”), while others are scampering to submit their returns before the 23 November 2021 deadline.
Government Withdraws Proposal To Impose Exit Tax On Retirement Interests
Expatriates and those with plans to emigrate will be relieved to learn that the proposal to impose an exit tax on retirement interests will be withdrawn.
SARS And National Treasury Have Gone Quiet On Expats. What’s Brewing?
National Treasury’s latest published Draft Tax Bills incorporated the contentious additional “exit tax”, which proposed to tax retirement fund interests of individuals when they cease South African tax residency.
Zero Hour: Expat Tax Returns Due This Filing Season
The past two years have been a journey into unchartered waters for all, and a particularly tense time as far as South African expatriates are concerned. For many expats, more and more questions have been left unanswered as this filing season, and the tax filing period draws to a close on 23 November.