With the effective date drawing closer, South African expatriates and their employers have little time to come to grips with the looming “expat tax” and how it will affect them when it comes into effect on 1 March 2020. Those who fail to understand this tax amendment that will bring considerable change to the South African expatriate landscape may potentially face dire tax consequences.

There is a common misconception that once a South African resident leaves the country to take up employment abroad, their South African tax obligations fall away automatically”, says Jerry Botha, Managing Partner of Tax Consulting South Africa. “The reality is, South Africa operates on a residency-based taxation system, which means that no matter where a South African resident lives and works, they are required to disclose their earnings to SARS.

The newly released title, Expatriate Tax: South African Citizens Working Abroad and Foreigners in South Africa, unpacks the resultant tax consequences of individuals or international employees with interests in multiple jurisdictions.

The first of its kind in South Africa, the title addresses the complexities of expatriate taxes from a South African perspective in a manner that speaks to the tax specialist, as well as to the concerned taxpayer.  Expatriate Tax provides a comprehensive, technical and practical guide to South African tax and deals with aspects of international mobility, including work visa strategies, citizenship, retirement funding, international remuneration, international share schemes, and exchange control considerations.

Judge President of the Competition Appeal Court, Judge DM Davis says “This is a carefully considered book which not only deals with all the various tax implications of immigration/emigration but even has space for a useful chapter on work permits. It is a most welcome addition to our body of tax literature and will doubtless be essential reading for anyone advising his or her client with regard to the tax consequences of migration.

Expatriate Tax: South African Citizens Working Abroad and Foreigners in South Africa will be invaluable to international taxpayers, expatriates, specialist tax advisors, tax managers, financial planners, SARS and National Treasury officials, tax lecturers and scholars of tax, human resource professionals, finance executives and managers, remuneration and reward specialists, payroll experts, attorneys, chartered accountants and tax practitioners.

Expatriate Tax: South African Citizens Working Abroad and Foreigners in South Africa will be available from October 2019 in print and ebook format for R747.50 including VAT and excluding delivery. To purchase, please click here visit the LexisNexis online bookstore.

About the authors

Tax Consulting is the largest fully independent tax practice in South Africa with over 90 talented professionals, mostly admitted attorneys, chartered accountants, tax specialists and international mobility professionals. The work reflects their approach to taxation matters, which is holistic, technical and, above all, result-driven. They have an appetite for challenging and complex matters, where they seek to deliver the most tax efficient outcome to their clients, whilst being fully compliant. The practice’s market position is reflective of a ‘modern tax suite’, where they often work for law firms, accountants or providers who require clinical execution. Their professionals deal with all areas of South African taxation including rebutting overly conservative external audit findings, SARS rulings, SARS disputes and litigation, SARS refunds and holding SARS to account for interest on delayed refunds, tax due diligences, Voluntary Disclosure Programme applications, fixing heritage tax matters left in disarray by previous tax advisors, as well as a the normal consulting and compliance services on corporate taxes, executive and employee taxes, high net worth families and businesses, international expansion or foreign groups into South Africa, VAT, customs and excise, as well as tax administrative law.

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