WHAT TO DO?
Monday, 06 January 2020
UAE TAX EMIGRATION SUMMARY JANUARY 2020
our ref: UAE Tax Exit Summary.docx
General guidelines for South African Expats (#Saffas) or #Wegkaner – not employed by SA employer
There is great confusion as the solutions, products and tax process to be followed by Saffas residing AND working in the UAE (in possession of an Emirates ID card)
Foreign Earned Income refers to income from employment only, as defined in ITA section 10(1)(o)(ii)
Action points Continue reading “Tax 2020 Time lines for SA Expats”
Some interesting tax facts that may cause panic!
Time clean up and tidy up your #SARSCompliance and file the February 2019 tax return.
Not tax registered? Follow this link to register or call on us, and we can assist.
If you cannot be registered through your employer you will need to visit a SARS branch to register.
Don’t know your number? Time to call SARS as they will assist based on your SA ID number.
Here is some interesting fact which tax resident Expat #Saffas need to consider: Continue reading “#Expats vs. #SARSCompliance (#Tax2020Truth)”
On our Exchange Control Blog we posted an interesting Exchange Control update (Circular 4 of 2014) refers. See http://wp.me/P4efR1-q
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 called temporary non-residents.
TAX ISSUES Continue reading “Ex-pat Pensioners enjoy Exchange Control Freedom”
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 actual sale only!
No need to bond the immovable property to pay its taxes, but you may need to cash n a few shares or mutual funds!
More information on request