By Staff Writer
Investing tax-free can offer material benefits over the long term. Tax-free investment products also offer additional flexibility.
Jenny Gordon, Head: Technical Advice, Investments, Product and Enablement at Alexander Forbes summarises tax proposals from the 2022 Budget Speech.
10 Key Highlights from the 2022 Budget Speech.
With the end of the tax year approaching at the end of February, now is the time to ensure that you have maximised your tax benefits.
The following three points are often where unqualified consultants stray from the cold hard facts of expat tax and give out erroneous advice.
Tax Consulting SA and Africorp Treasury discuss changes in the requirement of a SARS Tax Compliance Status (TCS PIN) for every capital transfer a Non-Resident/Non-Tax Resident makes to offshore.
Tax Non-Residents can acquire and sell South African immovable property in South Africa as there are currently no restrictions prohibiting them from doing so.
Tax should be an important consideration for any financial plan.
A Tax-Free Savings Account makes for a better investment account as opposed to a savings account.
There’s been a record-breaking number of South Africans looking to emigrate or move their businesses abroad in the past few years – and Cyprus is increasingly emerging as a favoured destination.
The most contentious proposal introduced by the 2021 Draft Tax Bills is arguably the tax on retirement interests when a person ceases tax residency. The proposed tax has widely been christened as a further “exit tax” imposed on South Africans leaving the country.
South Africa’s exchange control regime has relaxed considerably over the last few years, but the most recent amendments have created widespread confusion around the definition of non-residency for exchange control purposes. In particular: When is a person non-resident for exchange control in South Africa? How do they cease to be resident for exchange control purposes? And what does all this mean?
