Planning to Emigrate in the New Year? Start Preparing Now Before the Festive-Season Slowdown Hits
As the year draws to a close, many South Africans begin preparing for international relocation at the start of the new year, yet the administrative side of emigration, particularly ceasing South African tax residency is often more complex than anticipated. If you intend to finalise your tax residency cessation early in 2026, the window to […]
SARS Moves Toward Trust Penalties: Draft Notice Signals Real Enforcement Ahead
The South African Revenue Service (SARS) has released a draft notice under section 210(2) of the Tax Administration Act that formally proposes fixed administrative penalties for trusts that fail to submit their tax returns. Although still in draft form, this publication marks a clear shift from years of warnings to concrete action.
SARS Will Soon Know About Every Foreign Property You Own. Are You Prepared?
The South African Revenue Service (SARS) is about to gain unprecedented visibility into your offshore life. A new global tax agreement means SARS will soon automatically receive detailed information about every foreign immovable property owned by South African taxpayers across more than 20 countries.
Relocating to Mauritius: What the Latest Guidelines Mean for Expats
Mauritius continues to position itself as one of the most attractive destinations for foreign professionals, investors, self-employed individuals and retirees seeking a secure, well-regulated jurisdiction with a favourable tax regime and exceptional quality of life.
New Worldwide Reporting Standards Spell the End for Crypto-Tax Evaders – SARS Knows!
As the cryptocurrency market rapidly expands and the global financial landscape evolves, tax authorities worldwide are intensifying their efforts to maintain transparency and combat tax evasion.