Splitting the Difference: New Rules for Taxpayers Ceasing Tax Residency

On 31 July 2023, National Treasury published the new draft tax law amendment bills for public comment. The public can submit their comments on the proposed amendments until the close of business on 31 August 2023. Whilst a number of the proposed amendments will not impact the average taxpayer, expatriates – specifically those who have ceased their South African tax residency – are far from being let off the hook!