What is the #ExpatTax2020 benefit of financial emigration?

ZERO! There is zero benefit for most! The impact of financial emigration on your tax residence is probably zero – there is no such a process! Be aware! Do not be tricked into huge fees! Acquiring approval from the South African Reserve Bank to formally emigrate from a banking and Exchange (Excon) perspective is not […]

#taxmigration vs. #financialemigration

And the scoreboard reads: #taxmigration                    10         #formalemigration              5          #financialemigration       0 (failed) Eventually, we have SARS buy-in and confirmation that formal emigration is not a tax act process. Yes, SARS punched the […]

TAA Draft rules for lodging an objection and appeal against an assessment

TAA Draft rules for lodging an objection and appeal against an assessment Draft rules to be promulgated under section 103 of the Tax Administration Act, 2011 (Act No. of 2011), prescribing the procedures to be followed in lodging an objection and appeal against an assessment or a decision subject to objection and appeal referred to […]

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