About MyTAX Clearance
By staying up-to-date with any changes in regulatory and legislative requirements, we use our extensive experience, specialist knowledge and established relationships to navigate the complexities of this onerous and tricky process so you can focus on planning your currency transfer.
Benefit From
Online registration
We’ll complete and submit the application for you
Pro-active management and escalation
No more SARS visits
100% digital
Did You Know?
Did You Know?
To externalise Rands under your annual Foreign Capital Allowance of up to R10 million per calendar year, you require foreign tax clearance (AIT) from SARS.
The clearance is valid for 12 months from date of issue, so you can apply now and draw down on the balance as often as you like over the next 12 months.
You do not need to disinvest into cash to apply for your clearance so your money can keep working for you.
Annual allowances for individuals are granted per calendar year and expire on 31 December.
There is no carry over on any unused annual allowance balances at the end of every calendar year.
How it works
Step 1:
Register
Step 2:
Sign your pre-completed application digitally
Step 3:
Email your supporting documentation
Step 4:
Await your clearance
Requirements
A SARS Income Tax Number (we can assist if required)A copy of your South African IDA recent Proof of Residence (not older than 3 months)Supporting documents to show “Proof of source and availability” of your fundsA compliant tax status with SARS (we may be able to assist if required)Requirements
A SARS Income Tax Number (we can assist if required)
A copy of your South African ID
A recent Proof of Residence (not older than 3 months)
Supporting documents to show “Proof of source and availability” of your funds
A compliant tax status with SARS (we may be able to assist if required)
Let’s get in touch
Fill in your details and one of our experts will be in touch.
"*" indicates required fields
