SARS published a media release confirming at the eleventh hour that the deadline for filing individual tax returns has been extended until the 2nd of December 2021. But what is the driver behind the indulgence?
The global trend of skills migration has resulted in numerous positions becoming vacant in South Africa. This means that foreigners with the desired skills are next in line to climb the company ladder, which makes residing in South Africa much more appealing.
The number of South African taxpayers working abroad have increased systematically over the last two decades, as did the number of expatriates planning to formalize their emigration.