On 21 May 2021, the Constitutional Court handed victory to SARS in a decision that may have sweeping ramifications for retailers who operate loyalty plans similar to the Clicks ClubCard loyalty programme.
South African expatriates who ignore their tax obligations will soon find themselves in hot water with SARS.
If the emotional roller coaster of the cryptocurrency crash following Elon Musk’s latest Tweet that Bitcoin and other cryptocurrency mining consumes too much dirty energy such as coal, and his earlier decision that it can no longer be used to buy a Tesla, has got you down, at least one positive spin-off is that the […]
In 2021, the world is an entirely different place to live in as compared to the past, and many South African expatriates face more uncertainty than ever before due to the Covid-19 pandemic.
Along with the rest of the world, South Africans have shown an appetite for cryptocurrencies. While the size of the market remains unclear, Coinmarketcap gives a figure of $210 billion for the global market, and approximately R6.5 billion for the South African market.
In a COVID-stricken economy, employee motivation and productivity are being hampered by salary cuts and reduced working hours.
SARS’ “High Wealth Individual Taxpayers Unit” (the Unit) is up and running and as promised, SARS has sent out the first batch of welcome letters to those who meet the criteria to form part of this elite club.
Thousands of South Africans working on farms in the United States may qualify for financial relief support that will provide welcome relief after farm work seasons were cut short during the Covid-19 pandemic.
On the minds of many South African expatriates are the options which are available to them for tax relief in South Africa, given the many changes made to the tax laws in South Africa.
If you’re 55 plus and have emigrated or are intending to emigrate, you’ll still have to submit annual returns to the South African Revenue Service (SARS) and pay tax on your worldwide income for the rest of your life.