The Wegkaner or away South African's best friend – @home
Author: Hugo van Zyl CA(SA) TEP MTP(SA)
I am a qualified Chartered Accountant (South Africa) and a registered Master Tax Practitioner (South Africa) and Trust and Estate Practitioner.
I live in Cape Town yet many clients and intermediaries are based in Sandton, Durban, Bloemfontein ad Pretoria. I, therefore, commute on a regular basis.
I have been married for some 20 years, we have no children and we love to travel. We share an affinity for good company, interesting food and good value for money wines.
On February 26th, 2020 our Finance Minister Tito Mboweni was brave enough, and so openly “bragged”, to go where others feared to go and came close to abolishing old-fashioned exchange control (Excon) measures resulting in blocked assets and blocked accounts. Could we see the closure of entire bank divisions dealing with blocked accounts? This is yet to be seen; time will learn as to the fate of existing blocked accounts.
Why simply financially emigrate based because a product punter offered a free meeting? There is nothing like a free lunch to grasp a free marketing opportunity! Did the product salesperson share tax expertise or marketing skills? Aha, #FINANCIALEMIGRATION was sold a product to get rid of #ExpatTax2020, despite SARS stating it is not the answer!!
Don’t worry, not too late. Trusted tax practitioner can fix the eFile/Tax profile errors created by proponents of financial agreements. #Tax2020Truth.
Hugo presented a paper, on this topic at the 2020 FISA AGM, held in Cape Town. Next presentation FISA Bloemfontein 16 April 2020.
What does the announcement signify to the #financialemigration” fraternity and short-lived industry?
You “emigrated” from South Africa! Really? You 100% sure? Does SARS agree? Wish to know how you can check up on SARS status?
Why not arrange to meet Hugo while he is in Dubai en Abu Dhabi? Even if you have not commenced the process, there is adequate time to find the most appropriate and affordable solution! Remember we can invite your SA accountant along to attend by phone!