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NEWS | SARS KEEPS TABS ON SOUTH AFRICA’S BRAIN DRAIN

South Africa has experienced a large brain drain over the past few years with many skilled South Africans emigrating. However leaving South Africa doesn’t mean you can forget your relationship with SARS.

SARS Attack On South African Taxpayers Abroad

NEWS | SARS ATTACK ON SOUTH AFRICAN TAXPAYERS ABROAD

Introduction of Automatic Exchange of Information The South African Revenue Service (SARS) has discovered R400bn in offshore holdings owned by South Africans and is on the rampage to collect all taxes that it is owed on these assets.

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NEWS | ARE YOU A MILLENNIAL AND EMIGRATING? DON’T KISS SARS GOODBYE YET

As a South African millennial income earner, even if you’re moving abroad, you’ll still have to declare your worldwide income to SARS on an annual or provisional basis.

NEWS | EXPATS CAN CASH IN RETIREMENT ANNUITIES TO HEDGE AGAINST VOLATILE RAND

South Africans living abroad who have not yet financially emigrated and cashed in their retirement annuity savings are concerned about the volatile rand exchange rate.

NEWS | WHAT EMIGRATING TAXPAYERS NEED TO KNOW IN 2021

South Africans emigrating to greener pastures may be prevented from leaving the country – or worse – if their application for tax clearance is denied by SARS.