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NEWS | SOUTH AFRICAN GOVERNMENT ISSUED CERTIFICATES 101: WHAT YOU NEED TO KNOW

The protracted lockdown in South Africa resulted in the Department of Home Affairs (“DHA”) offering limited emergency services. South African citizens and permanent residents seeking Civic Services such as unabridged birth and marriage certificates were left frustrated as existing applications were indefinitely delayed.

Treasury And SARS Outline New Tax Changes For South Africa

NEWS | TREASURY AND SARS OUTLINE NEW TAX CHANGES FOR SOUTH AFRICA

National Treasury has responded to some of the key changes proposed in its Draft Tax Law Amendment Bill (TLAB) and Draft Tax Administration Laws Amendment Bill (Draft TALAB) – including questions around emigration and harsher punishments for taxpayers.

Unexpected tax relief for expatriates “stuck” in South Africa

NEWS | UNEXPECTED TAX RELIEF FOR EXPATRIATES “STUCK” IN SOUTH AFRICA

South African expatriates who were unable to leave South Africa on account of the lockdown will be relieved to learn that the requirements of the foreign employment exemption (Section10(1)(o)(ii)) will be relaxed.

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NEWS | NATIONAL TREASURY CONFIRMS EMIGRANT RETIREMENT 3 YEAR CAPTURE

South Africans who have emigrated or plan to permanently leave South Africa have until 28 February 2021, just over four months from now, to effect financial emigration. National Treasury has laid down the new law and made it clear – the consequence otherwise is your retirement money will be locked in for three years, you […]

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.

Warning Overe Government's Plan 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.

Expats Who Deregister To Avoid Tax Will Pay More In The End

NEWS | EXPATS WHO DEREGISTER TO AVOID TAX WILL PAY MORE IN THE END

“Expats who follow shady advice to deregister as taxpayers with SARS will suffer in the long run,” says Jonty Leon, Legal Manager (Expatriate Tax) at Tax Consulting SA.

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NEWS | NEW TAX BILLS – A STEP CLOSER TO RETIREMENT REFORM IN SA AND IMMEDIATE 3-YEAR LOCKUP

The draft Taxation Laws Amendment Bill (“TLAB”) was published on 31 July 2020. As announced in the Budget Speech, any South African leaving in future will be subject to a much stricter process from 1 March 2021 onwards. But there was also a surprise 3-year lockup announcement for anyone with a South African pension fund, […]

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NEWS| THINK TWICE BEFORE ACCEPTING YOUR SARS AUTO-ASSESSMENT

SARS’ announcement that it has started auto-assessing certain taxpayers may lead some people to believe they no longer need to worry about their tax submissions.