Planning for Exit
With the world’s recent and continuing lockdowns, in view of the ever-present Covid-19 pandemic, more and more South Africans are considering moving abroad (or having their children move abroad).
With the world’s recent and continuing lockdowns, in view of the ever-present Covid-19 pandemic, more and more South Africans are considering moving abroad (or having their children move abroad).
This year’s filing season which opens on 1 July 2021, will be the first in which expatriates will feel the impact of the amendment to Section 10(1)(o)(ii) of the Income Tax Act, or the ‘Expatriate Exemption”.
“From blocked accounts, to financial freedom, and back to blocked accounts.”