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SARS has taken a critical step in rebuilding the revenue authority by launching a massive recruitment drive. SARS is looking to appoint 370 experienced and highly skilled individuals, as well as 200 legal, accounting and other graduates in the fields of tax, customs and auditing.
As the new workforce continues to work “anytime and anywhere” during the current COVID-19 pandemic, organisations and employees are faced with unexpected challenges in relation to tax, legal and compliance considerations.
The process of financial emigration, which is the process that allows a taxpayer to formally place themselves on record as a non-resident for tax purposes with the South African Revenue Service (SARS), recently changed and came into effect on 1 March 2021.
There are a number of personal tax changes relating to employment and retirement, that were announced by Finance Minister Tito Mboweni (the Minister) in the National Budget Speech in February.
If you had to choose one approach to protect your hard-earned investment cash from today’s market madness, which would it be?