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Increased UIF Contribution Ceiling Finally Takes Effect
After a false start earlier this year, the increase to R17,712 in the Unemployment Insurance Fund (UIF) contribution ceiling has now taken effect.
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LATEST NEWS
Declaration Of Cease To Be A Tax Resident
On Thursday 3 June 2021, SARS issued its guidance on what ceasing South African tax residency involves, by posting its “Cease to be a Resident” webpage. This is a welcome initiative that may clear up any misconceptions and dispel any advice peddled in the market that this is simply a matter of ticking boxes.
Disappearing Exchange Control
We have seen significant changes and adjustments to the exchange control policies with National Treasury steadily reducing exchange controls for individuals seeking to send money abroad, particularly in the last 15 odd years.