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 step to objectively support their non-residency as issued […]
With 2022 around the corner, South Africans working abroad should start preparing themselves for the new year. While difficult to steer clear of misinformation on social medias, these common misconceptions about Double Taxation Agreements (“DTAs”) could help you to spot the snake in the grass.
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.
Life on the seas can be a lot of fun, especially if you are young, adventurous and up for a challenge. However, with all the excitement and the newness of being on a vessel, it is easy to lose track of your financial matters. Tax alone can be a tricky topic when you are working […]
The Pretoria High Court delivered a profound judgment concerning the confidentiality of taxpayer secrecy on 11 November 2021.
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?
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.
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.
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 […]
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.