Rough Seas Ahead For Taxpayers Working On The Ships

Rough Seas Ahead For Taxpayers Working On The Ships

In search for opportunities abroad, many South Africans have taken to the seas. It might not be the same as working in a new country, but it offers a change of scenery while earning a foreign income.

NEWS | PRESIDENT RAMAPHOSA SIGNS 3 YEAR RETIREMENT FUND LOCK-IN INTO LAW

The President, on 15 January 2021, assented to the Taxation Laws Amendment Act No. 23 of 2020 (“TLAA”), which was subsequently promulgated on 20 January 2021.

Relief For Expats Confirmed With Promulgation Of Tax Legislation

NEWS | RELIEF FOR EXPATS CONFIRMED WITH PROMULGATION OF TAX LEGISLATION

South African expatriates have been kept in suspense regarding a proposed law change aimed at providing relief to those who could not leave the country under lockdown.

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NEWS | 2020 TAX PROPOSALS SIGNED INTO LAW – 10 KEY CHANGES

The President has given effect to the 2020 tax proposals by signing three tax Acts into law. On 15 January 2021, the President gave his assent to the Rates and Monetary Amounts and Amendment of Revenue Laws Act No. 22 of 2020 (“Rates Act”), the Taxation Laws Amendment Act No. 23 of 2020 (“TLAA”) and […]

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NEWS | SARS IS AWARE OF YOUR OFFSHORE ASSETS

The days where SARS shuts its eyes to taxpayers’ offshore holdings are thing of the past. SARS is finally utilising the Automatic Exchange of Information regime to pin down taxpayers who have not disclosed their offshore interests and numerous taxpayers have already received some alarming notices to this effect.

Last Chance For SA Expatriates To Come Clean With SARS

NEWS | LAST CHANCE FOR SA EXPATRIATES TO COME CLEAN WITH SARS

South Africans living or working abroad can no longer avoid the long arm of SARS. Under pressure to meet its revenue quotas, the tax authority has started auditing the country’s non-compliant expatriates in earnest.

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NEWS | MARCH 2021 A WATERSHED FOR RETIREMENT FUNDS IN SOUTH AFRICA: 5 THINGS YOU NEED TO KNOW

1 March 2021 marks a watershed for retirement funds in South Africa, says Jean du Toit, attorney and head of tax technical at Tax Consulting South Africa.

Successfully Navigating Important SA Government Document Renewals While Living Abroad

NEWS | SUCCESSFULLY NAVIGATING IMPORTANT SOUTH AFRICAN GOVERNMENT DOCUMENT RENEWALS WHILE LIVING ABROAD

As a South Africa working and living abroad, there is nothing more frustrating than incessant delays on applications for new and/or renewals of South African Government-issued documentation (referred to as “Civic services”).

Taxation Laws Amendment Bill Provides Relief For SA Expats Trapped During Lockdown

NEWS | TAXATION LAWS AMENDMENT BILL PROVIDES RELIEF FOR SOUTH AFRICAN EXPATS “TRAPPED” DURING LOCKDOWN

On 13 October 2020, National Treasury and SARS published their responses on the Draft Taxation Laws Amendment Bill (“TLAB”), which included potential relief for South African expatriates who were unable to leave South Africa owing to the Covid-19 lockdown.

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NEWS | SOUTH AFRICAN GOVERNMENT ISSUED CERTIFICATES 101: WHAT YOU NEED TO KNOW

The protracted lockdown in South Africa resulted in the Department of Home Affairs (“DHA”) offering limited emergency services. South African citizens and permanent residents seeking Civic Services such as unabridged birth and marriage certificates were left frustrated as existing applications were indefinitely delayed.