Articles tagged as "SARS"
How SARS has changed tax for annuitants
The South African Revenue Service recently changed the way tax is calculated for living annuitants. Carrie Norden discusses the rationale behind this change...
Understand the new rules around citizenship, exchange control and tax residency
The concept of “emigration”, as recognised by the Financial Surveillance Department of the South African Reserve Bank (SARB), has been phased out, with effec...
Do I need to file an income tax return for the 2021 tax year?
The South African Revenue Service (SARS) continues to focus on introducing online and digital services, simplifying the tax-filing process, and making it...
Understand your total tax liability if you have multiple sources of income
If you have multiple sources of income, you must ensure that the correct tax rate is being applied by your employer and/or annuity provider – or you could be...
Should I file a tax return for the 2020 tax year?
In response to COVID-19, the South African Revenue Service (SARS) has tried to simplify the tax filing process for individual taxpayers and remove the need t...
New tax laws for expats
The laws around tax for South Africans who live and work abroad have changed and it’s important to work out whether or not you are now expected to pay tax on...
Unravelling your residencies – exchange control, tax and citizenship
South Africans who live and work abroad are not currently subject to income tax on the income they earn outside of South Africa, provided they spend more tha...
Simplifying offshore investing
Over the years, South African exchange control regulations, which limit the amount that you can transfer or invest abroad, have been relaxed considerably. Th...
Don't get caught short this tax season
With the tax season deadlines brought forward by a month this year, it’s time to get your supporting documents ready and to do your return. Uncertainty actin...
Retiring or withdrawing? Think carefully before sending us the form
After a lifetime of work retirement is often a welcome change of pace, but many people rush into a decision to retire or withdraw from their retirement fund....
How to maximise tax benefits before the end of the tax year
Every year at around this time – ahead of the end of the tax year in February – we remind investors to think about taking advantage of some of the incentives...
