NEWS | PHILIP TRUTER – SARS’ “ORANGE JUMPSUIT” EXAMPLE

The VBS Mutual Bank case gained massive momentum when state witness, Philip Truter, was sentenced on 7 October 2020 to an effective seven years in prison.

ft-On-a-Knife-Edge-Sars-Focus-on-Expatriates-This-Filing-Seasons

NEWS | ON A KNIFE-EDGE: SARS’ FOCUS ON EXPATRIATES THIS FILING SEASON

This year has been a journey into unchartered waters for us 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 current tax year begins to draw to a close.

Verdict On Retirement Fund Withdrawal Coming Soon

NEWS | VERDICT ON RETIREMENT FUND WITHDRAWAL COMING SOON

The time for South Africans who consider emigrating to learn their fate around their pensions is drawing closer.

An Ever Widening Tax Net No Reprieve For Emigrating South Africans

NEWS | AN EVER-WIDENING TAX NET – NO REPRIEVE FOR EMIGRATING SOUTH AFRICANS

In 2017, the battle against government’s proposal to amend well established legislation, which provided South African residents living and working abroad an exemption from taxation on their foreign employment income reached a conclusion.

Warning Over Government's Plans To Change South Africa's Emigration Rules

NEWS | WARNING OVER GOVERNMENT’S PLANS TO CHANGE SOUTH AFRICA’S EMIGRATION RULES

A number of tax and financial groups have issued warnings over a new draft bill which will introduce changes for South Africans looking to take their retirement funds out of the country.