PART 1
Jonty Leon (Tax Consulting SA – Admitted Attorney) and Fawzia Cassiem (SARS – Executive: Taxpayer Strategy) discuss the implications of non-compliance with the expat tax law amendment taking effect 1 March 2020. Jonty also discusses the correct steps to follow when planning to financially emigrate.
PART 2
Jonty Leon (Tax Consulting SA – Admitted Attorney) explains the difference between formal emigration and financial emigration which often gets confused with one another. Jonty also discusses the two residency tests which are integral to a successful Financial Emigration.