Entries by sg-admin

NEWS | SEAFARER TAX: PART ONE

As published in the files folder of the SAFFA Facebook group are the various SARS interpretation notes related to the SA tax act that governs how you are taxed on any forms of income made. For now we will concentrate on remuneration in the form of salaries earned as an employee on a vessel. Note […]

NEWS | TIPS FOR SOUTH AFRICAN SEAFARERS WORKING ON SUPER YACHTS

If you’ve ever dreamt of becoming a seafarer and travelling the world aboard a super yacht, or if you already have that dream position, here are some top tips from South African experts on how to get and keep your job, your sanity and your newfound wealth! Lauren Norton, Director of Trilogy Luxury Training, spent 12 […]

NEWS | SOUTH AFRICAN SEAFARER ON THE RADAR

Seafarers versus SARS As most know by now, SARS is grappling to increase revenue for their coffers, looking to South Africans who earn foreign income to subsidise the deficit. As of 1 March 2020, the amended exemption on foreign employment income, being section 10(1)(o)(ii) of the Income Tax Act No. 58 of 1962 (“the Act”), […]