No Endgame: SARS Stalemates Taxpayers Ceasing Tax Residency
There may be a strange game of chess being played with taxpayers who are trying to cease their South African tax residency, with the result of keeping them “trapped” as tax residents for no legitimate reason.
South Africa Welcomes Foreign Property Investment Despite Widespread Global Restrictions
In the midst of growing international restrictions on foreign property investors, South Africa remains a welcoming haven to these buyers.
Non-Compliant Advisors to Join Clients Behind Bars
A word of warning to all “finance professionals”, including tax practitioners, accountants, and specialist attorneys – Professional Indemnity Insurance can only cover you to a certain extent, and that does not include evading jail-time should the South African Revenue Service (“SARS”) deem fit.
SARS Focuses on International Tax with 52 Fresh Vacancies Ahead of Budget Speech
In the lead up to South Africa’s budget speech in February 2023, the South African Revenue Service (SARS) has announced the addition of 52 new vacancies to its staff. The positions listed all hint to new changes which may affect expats living and working outside of South Africa. Whilst this is a seemingly positive development […]
The Importance Of An Exit Roadmap And Financial Strategy When Emigrating
With the ongoing global skills shortage and South Africans being highly sort after, many individuals are choosing to Financially Emigrate with the aim of starting a life abroad. However, this decision should not be taken lightly and requires a well thought-out road map and exit strategy.