Expatriate taxpayers awaiting approval of their non-resident status may be surprised to discover that SARS can track their flights into and out of South Africa.
SARS introduced its Tax Non-Resident Confirmation letter in 2021, and it now appears that emigrated taxpayers, whose residency status was previously disclosed to SARS as non-resident, are now finding their status has been reset to ‘resident’. This may possibly have been due to a bug, or one arm not speaking to the other, when SARS […]
This past Monday, the South African Institute of Taxation held an industry leading event in collaboration with Tax Consulting SA and Standard Bank, which lifted the veil on SARS’ plans for the taxation of High Wealth Individuals (HWI) in South Africa and the legality of certain offshore structures.