Tax

Expat Tax – Supreme Court of Appeal hands SARS big win over BMW and their tax advisors

The last days of tax-free foreign earnings

South African tax residents working abroad currently qualify for an exemption on their foreign earnings, subject to the proviso that they must be outside South Africa for at least 183 days during any 12-month period, and this period must include a continuous period of more than 60 days.

Change to expatriate tax exemption in March 2020

On the 1 March 2020 an amendment to the foreign employment income exemption comes into operation. There have been misperceptions about those expatriates that will be effected by this change to the tax law.

Make informed choices to mitigate the coming tax impact on foreign income

The time for making a decision on how to deal with the fundamental tax change for South Africans earning foreign income abroad is fast running out.