Tax free salary does not equate to tax non-resident

South Africans living in the UAE (Dubai) or Qatar (Doha) not paying South African tax on their foreign earned salary,  in most cases will remain tax resident in SA. The 183/+60-day rule only speaks to the (partial) exemption of remuneration from employment. South Africans will continue to pay SA tax on worldwide income from all […]

FATCA in Afrikaans? BRS:AEOI? Is this Marmite on Toast you ask?

“BRS: AEOI” means Business Requirement Specification: Automatic Exchange of Information There is so many new tax acronyms, one can’t be blamed for not always knowing  the full phrase behind the tax acronym. To guide you, we add a few new once, all from an SA perspective yet they are all well-known international acronyms or abbreviations. Here they […]

Ex-pat Pensioners enjoy Exchange Control Freedom

On our Exchange Control Blog we posted an interesting Exchange Control update (Circular 4 of 2014) refers. See http://wp.me/P4efR1-q In short: Ex-pat Pensioners residing abroad (not having formally emigrated) can now extract their monthly pension and retirement annuity income from South Africa (SA) without the need of a tax clearance certificate, despite living abroad as so […]

Budget 2013 Webcast @Treasury page

Budget 2013 Webcast @Treasury page This Webcast is scheduled for Wednesday, February 27, 2013 at 14:00 South African time. Your browser will periodically check if the webcast has started.Should the refresh counter below not have incremented after several minutes, click the ‘Check if Live’ button to start the webcast manually. Current Refresh interval is 240 […]

Tax consequences of packing for Perth

My other blog –cross border tax The Sake24 Article on RA’s Having read the very informative article one is left wanting some more facts on the deemed C G T (capital gains tax) on the assets not sold, yet left behind. The one nice thing as that CGT on immovable property is always payable on […]