South Africans In Guernsey, Jersey And The Isle Of Man Are Low-Hanging Fruit For SARS
South African expatriates living in Guernsey, Jersey or the Isle of Man are under grave threat from the South African Revenue Service (SARS).
South African expatriates living in Guernsey, Jersey or the Isle of Man are under grave threat from the South African Revenue Service (SARS).
Expatriates, beware! If you ceased your tax residency through the Financial Emigration process, you may require substantial reasoning for your return to avoid any repercussions from the South African Revenue Service (SARS).
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.
With the introduction of a formal SARS Non-Resident Tax Status Confirmation Letter in 2021, South African expatriates may finally relax knowing that their foreign income is safe from local taxation. However, getting one of these is neither automatic nor easy, requiring applicants to follow stringent residency cessation and verification processes to qualify as non-residents for […]
The 2022 tax filing season is now already open, and SARS has introduced a new “auto-assessment” protocol.
We are a South African non-profit organisation looking to appoint a South African citizen in a European country on an employment contract. What would the tax implications be, and do we need to apply for approvals if we proceed?
To be released from their local tax obligations in relation to foreign income, emigrating South Africans must be able to prove to SARS that they have permanently left the country. But how can they do so if they are moving to a country, like the UAE in general, where long-term residence (for immigration purposes) is […]
The COVID pandemic has brought a lot of changes in terms of how employees render their services. The theme of employees working remotely has become more prevalent, and there has been a rise in South Africans working for foreign companies while still living in South Africa.
Most expatriates are not aware of their tax status with SARS. Whether you are only leaving now or have already left, it is important to know where you stand with SARS, to avoid non-compliancy.
Tax Consulting South Africa, South Africa’s largest independent tax practice, returned this week from the Netherlands after hosting tax and immigration planning sessions with recently emigrated South Africans.