The 2024 Budget Speech: A Snapshot
Finance Minister, Enoch Godongwana, presented a ‘limp’ budget today in respect of the forthcoming 2024/25 tax year, seeking to maintain government expenditure, notwithstanding revenue collection shortfalls. Amidst a decline in the mining tax revenue windfalls experienced over the last two years, the Minister has sought to collect the default from the already strained individual taxpayer, […]
Meddling in Others’ Affairs: The Department of Home Affairs’ “Tax Policy” Amendment
The Department of Home Affairs’ (the DHA) recent amendments to Immigration Regulations are likely to spark controversy among South African taxpayers, especially expatriates working abroad, who are still diligently fulfilling their South African tax obligations.
Tax Planning for Repatriation: A Non-Resident’s Toolkit to Returning Home
With the euphoria of living abroad wearing off for many South Africans, a growing number of expatriates are drawn back by the allure of a vibrant cultural scene, inviting temperate climate, and favorable exchange rates.
Choosing Your Tax Debt Negotiation A-Team: Specialist or Generalist
As a taxpayer with an insurmountable mountain of tax debt owed to SARS, sleepless nights and grey hair are commonplace. With your quality-of-life fast deteriorating and stress levels increased, your key concern is finding someone, anyone, who can provide you with hope that SARS will grant some reprieve and write-off a portion of your tax […]
A Letter to the Taxman: Breaking Tax Ties
As South Africans embark on a journey beyond our borders, the need to inform the South African Revenue Service (“SARS”) about one’s emigration is crucial for peace of mind.