The exchange control regulation of money in South Africa to abroad

NEWS | THE EXCHANGE CONTROL REGULATION OF MONEY IN SOUTH AFRICA TO ABROAD

With several alarming indicators showing that more South Africans are leaving the country, an increasing number of people have started to research their options on how to move money offshore. Tax Consulting SA has also noted a large increase in individuals who are expatriating funds and investing these funds offshore.

Provisional Tax - Penalties and Interest

NEWS | PROVISIONAL TAX: PENALTIES AND INTEREST

The current problem Provisional taxpayers find themselves on the receiving end of penalties and interest from SARS on a regular basis. While they may attempt to dispute the penalties, they resign themselves to the payment of interest because, as many tax practitioners will tell you, that’s what you have to do.

South African Tax Law - Is Mauritius Your New Home?

NEWS | SOUTH AFRICAN TAX LAW – IS MAURITIUS YOUR NEW HOME?

South Africans living and working abroad are faced with possible taxation on their foreign earned income. The reason for this, is the amendment of section 10(1)(o)(ii) of the Income Tax Act No. 58 of 1962 – this section is commonly known as the “expat exemption”.

Tanya Tosen on CFO Talks

SARS’ COMPLEX TAX SYSTEM: DON’T GET CAUGHT ON THE WRONG SIDE OF THE FENCE

CIARAN RYAN: This is CFO Talks and today we’re joined by Tanya Tosen of Tax Consulting. Tanya has over 15 years of tax and employee benefit experience, which encompasses optimising employee salary packages incorporating all benefits, both from a tax

Expat Tax: Expert Answers for South Africans Living and Working Abroad

EXPAT TAX: EXPERT ANSWERS FOR SOUTH AFRICANS LIVING AND WORKING ABROAD

Thanks to popular demand, here are more ‘Expat Tax’ questions submitted by SAPeople members, with answers kindly provided by the expert tax team at Tax Consulting South Africa.