WE PROVIDE COMPREHENSIVE TAX SOLUTIONS AND ADVICE FOR SEAFARERS AND EXPATRIATES
Whether you are exempt from paying tax on foreign income or not, you are still required by law to submit an annual tax return to SARS.
South African seafarers are often lost at sea when considering their tax matters. Tax for seafarers can become very complex. Something as trivial as the title of the vessel or the position they are employed in, can negatively impact their tax status in South Africa, or it can mean they qualify for a tax exemption. However, whether exempt from paying tax on foreign income or not, they are still required by law to submit annual tax returns to SARS.
Some seafarers seldom pay tax in another country because they are permanently stationed on an oil rig or form part of the crew on a cruise ship or a yacht. This means that SARS holds the taxing rights on their foreign income. Others pay tax in two jurisdictions without being aware of it, which means they qualify for relief under a Double Tax Agreement.
Taxation of seafarers are largely influenced by the following:
Professional tax service providers that specialize in solutions for the seafaring community.
Barry Pretorius