Tax

South Africa: Contracting with non-resident contractors and employee tax considerations

There are certain Pay-As-you-Earn (PAYE) tax considerations that apply when a South African employer employs a non-South African tax resident individual as an independent contractor (IC).

Proposed wealth tax could drive exodus of skilled and wealthy South Africans

The looming threat of an additional ‘wealth tax’ in South Africa to fund a universal basic income grant will further erode the country’s tax base, as wealthy South Africans move to emigrate or offshore their assets to avoid higher taxes, says Dani van Vuuren, Business Development Consultant at Sovereign Trust.

The new remote working era - tax risk or beach office adventure?

If COVID-19 has taught us anything, it is that the use of an exclusive office within which to perform your work is no longer an absolute requirement. While not a new concept, the popularity of an island-hopping, "working near the waves", digital nomad life appeals to many, even professionals. But very few individuals or employers consider the inherent tax risk with this new-age working model.

Two-part request over tax on foreign dividends confuses SARS