Expatriates, beware! If you ceased your tax residency through the Financial Emigration process, you may require substantial reasoning for your return to avoid any repercussions from the South African Revenue Service (SARS). Martin Bezuidenhout Expat Tax Attorney This is true if you successfully applied to SARS to be recognised as a non-resident for tax purposes…
An ITR-12 checkbox, indicating a taxpayer ceased tax residency in South Africa, is greyed out this tax season. This has confused many eFiling users wishing to leave the country permanently. “Which line do I tick to ensure that I am a non-tax resident?” asked one taxpayer. “The second option is blank for me. However, I…
With the introduction of a formal SARS Non-Resident Tax Status Confirmation Letter in 2021, South African expatriates may finally relax knowing that their foreign income is safe from local taxation. However, getting one of these is neither automatic nor easy, requiring applicants to follow stringent residency cessation and verification processes to qualify as non-residents for…
The 2022 tax filing season is now already open, and SARS has introduced a new “auto-assessment” protocol.
We are a South African non-profit organisation looking to appoint a South African citizen in a European country on an employment contract. What would the tax implications be, and do we need to apply for approvals if we proceed? Thomas Lobban, l egal manager: cross-border taxation at Tax Consulting South Africa responds: We are not…
To be released from their local tax obligations in relation to foreign income, emigrating South Africans must be able to prove to SARS that they have permanently left the country. But how can they do so if they are moving to a country, like the UAE in general, where long-term residence (for immigration purposes) is…
The COVID pandemic has brought a lot of changes in terms of how employees render their services. The theme of employees working remotely has become more prevalent, and there has been a rise in South Africans working for foreign companies while still living in South Africa.
Most expatriates are not aware of their tax status with SARS. Whether you are only leaving now or have already left, it is important to know where you stand with SARS, to avoid non-compliancy. Simone Munsami Tax Diagnostic Specialist Alex Mahundla Tax Diagnostic Specialist If you are unsure of your tax status with SARS, we…
Tax Consulting South Africa, South Africa’s largest independent tax practice, returned this week from the Netherlands after hosting tax and immigration planning sessions with recently emigrated South Africans. One thing that became clear during the presentations, is that despite the soft-landing opportunities provided in the Netherlands and other locations, there has not been enough focus…
Tax Consulting South Africa and Xpatweb, South Africa’s largest tax and international mobility practice respectively, returned this week from the Netherlands after hosting tax and immigration planning sessions with recently emigrated South Africans. The sessions reaffirmed that the Netherlands has emerged as one of the new frontrunners as a destination for emigration of join professionals…
