As we move into the final stretch of the year, SARS has been busy tightening up on compliance especially around late submissions and accurate data reporting. Here are the key updates to know this month if you are managing your tax clearance, emigration, or annual…
How to navigate tax residency, formal emigration, and avoid unexpected tax bills. Why tax matters when you relocate Many South Africans assume that leaving the country automatically ends their tax obligations however, this is not the case. South Africa uses a residency‑based tax system, meaning…
As we progress through October, it’s essential to stay informed about the latest developments affecting tax emigration and the clearance process. Below is a concise overview of pertinent updates and actions you should consider. Tax Emigration – Important Considerations Informing SARS of Ceased Tax Residency: If…
We are well into the second half of the year, and with SARS tightening compliance measures and many South Africans considering international opportunities, it is more important than ever to stay proactive with your tax affairs. This month, we would like to share some key…
When individuals in South Africa become non-residents, they are not automatically exempt from submitting a tax return with the South African Revenue Service (SARS). This process is crucial to ensure that non-residents comply with their tax obligations, even if they no longer reside in the…
As individuals increasingly explore opportunities beyond their home countries, selling property abroad has become a common occurrence. For non-residents selling properties in South Africa with the intention of moving funds abroad, understanding the implications of capital gains tax (CGT) is paramount. South Africa, like many…