Tax Residency and Financial Emigration: Everyone is an Expert
Financial Emigration Ceases Tax and Exchange Control Residency The process of “Financial Emigration” terminates your tax residency status with the South African Revenue Service (“SARS”) as well as your status as exchange control resident with the South African Reserve Bank (“SARB”). The SARS process includes a verification or “audit” procedure, as financial emigration is not […]
Employee tax incentive extension – opportunities and concerns
The Taxation Laws Amendment Act No. 23 of 2018, promulgated on 17 January 2019, extended the Employee Tax Incentive scheme (“ETI scheme”), which would have lapsed on 28 February 2019, for a further 10 years.
Tax revolt both irresponsible and highly unlikely, say economists
Western Cape Premier Helen Zille’s call for a tax revolt is “quite anarchist” as it promotes civil disorder and disobedience, an economist has said.
Agrizzi’s revelations – taking a bet on whether sars or the NPA takes prosecution lead
The arrival of Angelo Agrizzi at the State Capture Commission has been nothing short of spectacular.