Expat Confusion As SARS Disables Tax Residency Checkbox
An ITR-12 checkbox, indicating a taxpayer ceased tax residency in South Africa, is greyed out this tax season. This has confused many eFiling users wishing to leave the country permanently.
Imminent Crypto Regulation In South Africa – Are You Ready?
A long period of silence on cryptocurrency regulation in South Africa has finally been broken. South African Reserve Bank (“SARB”) deputy governor, Kuben Naidoo, has now confirmed that new regulations are set to be implemented within the next 12 – 18 months.
Five Misconceptions About Crypto Taxation
Since its inception in 2009, there have been many misconceptions about crypto assets, often referred to as cryptocurrencies. These confusions have cost eager investors millions of Rands and have subsequently been addressed or explained on numerous media platforms.
Mauritius Could Be Paradise For Emigrating South Africans. But Will SARS Let You Go?
Already a popular destination with South Africans, recent developments in Mauritius promise to make this tiny island paradise more accessible to expatriates than ever.
Taxpayers Beware! Voluntary Compliance Is Always Better Than Compelled Compliance
In view of July being just around the corner, and with it, the opening of the 2022 tax season, there is an increasing need for voluntary compliance throughout the taxpayer population. This is even more imperative for taxpayers who have income-generating assets, as should taxpayers have failed to declare any income in prior years, and […]