Tax Consulting South Africa has received requests on social media and from various attendees during our most recent webinar; for a presentation dealing with the basic tax and planning fundamentals for South Africans in the UAE. This comes after the UAE issued a decision on determining tax residency for people living in the Emirates.
As authors of the Lexis Nexis Publication “Expatriate Tax”, now in 2nd Edition, this presentation will be true to our track record of being passionate about tax education, and being the largest provider to South Africans working abroad, but also for assisting fellow professionals with tax planning for their clients.
The purpose of this webinar is to deal with the announcement and changes to UAE tax residency rules, the fundamental South African tax rules that apply to expatriates, practical compliance examples, and to provide basic insight especially for expatriates living and/or working in the Emirates. This is an opportunity to hear directly from our leading experts, who deal with expatriate tax for South Africans on a daily basis.
- The tax residency tests in South Africa;
- UAE tax residency – What is new and what you need to know;
- Where you remain tax resident, your compliance obligation and claiming the expatriate exemption;
- Basic rules for legally minimizing your tax obligation in South Africa;
- Practical tax and planning considerations for expatriates outside South Africa; and
- Tax risk management, SARS audit approaches and coming clean with SARS.
KEY AREAS OF THE PRESENTATION
- The tax residency tests in South Africa.
- The two ways of breaking tax residency, and compliance for non-residents.
- Where you remain tax resident, your compliance obligation and claiming the expatriate exemption.
- Basic rules for legally minimizing your tax obligation.
- Family wealth migration planning, tax structures and refresher on the do’s and don’t’s.
- Practical tax and financial planning considerations for expatriates; and
- Tax risk management, SARS audit approach and Coming Clean with SARS.