NEWS | SEAFARERS MOST FREQUENTLY ASKED QUESTIONS

Recently SAPeople asked the experts in their fields to answer South Africans’ seafarer questions about working on super yachts, to ensure you got the best answers to your queries.

NEWS | SAFFA SEAFARERS & YACHT CREW REGISTERING FOR TAX IS ESSENTIAL

With all the uncertainty around the change in the foreign employment exemption taking effect from 1 March 2020, more and more people are realising that they need to take care of their taxes more diligently.

NEWS | SEAFARER TAX: PART TWO

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.

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 | MORE AND MORE SOUTH AFRICANS ARE EMIGRATING TO MAURITIUS

The number of South Africans leaving the country on a permanent basis has increased “exponentially” and many are opting for the island life in Mauritius, not only for its beauty, but certainly for greater financial and tax security.

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”), […]