https://www.financialemigration.co.za/wp-content/uploads/2020/05/South-Africans-With-Itchy-Feet-The-New-World-Post-COVID-19-WEB-FE.jpg600600fm-adminhttps://www.financialemigration.co.za/wp-content/uploads/2021/05/Financial-Emigration-3.pngfm-admin2020-05-28 11:45:552021-10-18 11:55:16NEWS | THE ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT IS CLEANING THE GLOBE
https://www.financialemigration.co.za/wp-content/uploads/2020/05/South-African-Expats-Beware-Of-SARS-FE-Web-1.jpg600600fm-adminhttps://www.financialemigration.co.za/wp-content/uploads/2021/05/Financial-Emigration-3.pngfm-admin2020-05-21 09:42:342021-10-18 11:54:55NEWS | SA EXPATS BEWARE: SARS EYES OFFSHORE ASSETS, FOREIGN INCOME AND BANK ACCOUNTS
With the first provisional tax payment being due on 31 August 2020, there is some confusion regarding whether expatriates are deemed to be provisional taxpayers by the South African Revenue Service (SARS) or not.
On 5 May 2020, the Commissioner for SARS made a profound media statement, which gave a detailed account of projected revenue collection in light of the COVID-19 crisis, but also gave valuable insight of what we can expect from SARS in coming months.
https://www.financialemigration.co.za/wp-content/uploads/2020/05/website-All-Taxpayers-beware-10-points-from-SARS-Media-Release.jpg600600fm-adminhttps://www.financialemigration.co.za/wp-content/uploads/2021/05/Financial-Emigration-3.pngfm-admin2020-05-08 06:48:422020-05-21 08:13:00NEWS | ALL TAXPAYERS BEWARE: 10 POINTS FROM SARS MEDIA RELEASE
https://www.financialemigration.co.za/wp-content/uploads/2020/05/Working-From-Home-What-COVID-19-Means-For-Taxes-On-Expats-Stuck-In-Place-WEB.jpg600600fm-adminhttps://www.financialemigration.co.za/wp-content/uploads/2021/05/Financial-Emigration-3.pngfm-admin2020-05-07 10:44:192020-05-07 11:03:13NEWS | WORKING FROM HOME: WHAT COVID-19 MEANS FOR TAXES ON EXPATS STUCK IN PLACE
https://www.financialemigration.co.za/wp-content/uploads/2020/05/website-7-New-Lockdown-Rules-Including-SARS-Officials-Returning-to-Work.jpg600600fm-adminhttps://www.financialemigration.co.za/wp-content/uploads/2021/05/Financial-Emigration-3.pngfm-admin2020-05-07 09:49:592020-05-12 04:20:59NEWS | 7 NEW LOCKDOWN RULES INCLUDING SARS OFFICIALS RETURNING TO WORK
https://www.financialemigration.co.za/wp-content/uploads/2020/05/Come-Rain-Or-Come-Shine-Expatriate-Tax-Will-Be-Due-Soon-TC-WEB.jpg600600fm-adminhttps://www.financialemigration.co.za/wp-content/uploads/2021/05/Financial-Emigration-3.pngfm-admin2020-05-04 09:36:102021-10-18 11:54:00NEWS | COME RAIN OR COME SHINE, EXPATRIATE TAX WILL BE DUE SOON
Celebrating the launch of its regional office on the west coast of Mauritius, Temple Group conducted a workshop on the 2020 Tax Reforms in SA, emphasising the reforms announced in the recent budget speech, and the importance of choosing the correct processes for relocating oneself or a company outside of SA.
https://www.financialemigration.co.za/wp-content/uploads/2020/03/Temple-Group-Mauritius-Updates-on-the-imminent-fiscal-reforms-in-SA-WEB.jpg600600fm-adminhttps://www.financialemigration.co.za/wp-content/uploads/2021/05/Financial-Emigration-3.pngfm-admin2020-03-13 10:46:092020-03-13 13:28:11NEWS | TEMPLE GROUP (MAURITIUS) UPDATES ON THE IMMINENT FISCAL REFORMS IN SA
South Africa Bleeding Skills Not surprisingly, there has been an outflow of South Africans in recent years for various reasons, a top reason being the punitive “expat tax” regime promulgated in December 2017, and effective 1 March 2020.
https://www.financialemigration.co.za/wp-content/uploads/2020/02/National-Treasury-Takes-a-View-on-Financial-Emigration-website.jpg600600fm-adminhttps://www.financialemigration.co.za/wp-content/uploads/2021/05/Financial-Emigration-3.pngfm-admin2020-02-27 14:22:152021-04-12 10:31:09NEWS | NATIONAL TREASURY TAKES A VIEW ON FINANCIAL EMIGRATION
In December 2017, the change to the foreign employment income exemption was promulgated into law. This has widely become known as the “expat tax”. The exemption at that point was capped at R1mil, meaning that South African tax residents earning foreign employment income above this threshold would no longer be exempt from tax in South […]
https://www.financialemigration.co.za/wp-content/uploads/2020/02/Budget-Speech-2020-Government-Last-Ditch-Attempt-Due-to-Exodus-of-South-Africans-FE.jpg600600fm-adminhttps://www.financialemigration.co.za/wp-content/uploads/2021/05/Financial-Emigration-3.pngfm-admin2020-02-26 15:08:572021-04-12 10:34:41NEWS | BUDGET SPEECH 2020 – GOVERNMENT LAST DITCH ATTEMPT DUE TO EXODUS OF SOUTH AFRICANS
South African legislation governing expatriate tax exemption is set to change dramatically from 1st March 2020, affecting South Africans worldwide. This includes anyone who has permanently settled in another country.
https://www.financialemigration.co.za/wp-content/uploads/2020/01/D-Day-is-here-SA-Expats-in-for-a-bumpy-ride-with-SARS-FE-website-1.jpg600600fm-adminhttps://www.financialemigration.co.za/wp-content/uploads/2021/05/Financial-Emigration-3.pngfm-admin2020-01-16 07:12:192020-02-11 10:47:28NEWS | TAX D-DAY IS HERE: SA EXPATS IN FOR A BUMPY RIDE WITH SARS
Thousands of South Africans will be impacted by new amendments to the Income Tax Act which will come into effect from 1 March 2020, says Nicolas Botha, a senior financial emigration specialist at Tax Consulting SA.
https://www.financialemigration.co.za/wp-content/uploads/2020/01/SOUTH-AFRICA’S-NEW-EXPAT-TAX-‘A-SCARE-TACTIC’-EXPERT-fe.jpg600600fm-adminhttps://www.financialemigration.co.za/wp-content/uploads/2021/05/Financial-Emigration-3.pngfm-admin2020-01-15 06:59:122020-01-16 08:48:46NEWS | SOUTH AFRICA’S NEW EXPAT TAX ‘A SCARE TACTIC - EXPERT'
An amendment to the Income Tax Act will bring considerable change to the expat landscape as from March 1, 2020. Jean du Toit and Jonty Leon are the technical editors of the publication “Expatriate Tax – South African Citizens Working Abroad and Foreigners in South Africa”.
https://www.financialemigration.co.za/wp-content/uploads/2019/12/Fin24-FI-Emigrate-using-provident-fund.jpg600600fm-adminhttps://www.financialemigration.co.za/wp-content/uploads/2021/05/Financial-Emigration-3.pngfm-admin2019-12-18 13:02:542021-10-18 11:53:09NEWS | I WOULD LIKE TO EMIGRATE USING MY PROVIDENT FUND. HOW MUCH WILL I BE TAXED?
SARS Views – Not a Law Unto Itself It is an unfortunate sight when tax advisors from varied backgrounds, but more so those who do not have a legal background, turn a blind eye to South African tax legislation and rather submit to the ever-dominating “views” of SARS.
https://www.financialemigration.co.za/wp-content/uploads/2019/11/Know-when-your-tax-practitioner-is-working-for-SARS.jpg600600fm-adminhttps://www.financialemigration.co.za/wp-content/uploads/2021/05/Financial-Emigration-3.pngfm-admin2019-11-21 11:16:282021-04-12 11:08:41NEWS | KNOW WHEN YOUR TAX PRACTITIONER IS WORKING FOR SARS
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