Articles tagged as "SARS"
Annual tax limits for investors who cease to be South African tax residents during the tax year
Annual contribution limits for tax-free investments and retirements funds have always been clear for individuals who have a full 12-month assessment period t...
Tips to help you get on top of your tax return this year
The South African Revenue Service (SARS) is focused on improving its systems and processes to ensure taxpayers comply with their legal obligations and file...
Tap into tax benefits this February
The end of the tax year in February presents an opportunity to evaluate the tax efficiency of your financial plan. With many competing financial priorities i...
Offshore toolkit part 2: Unpacking South African tax obligations for non-resident living annuitants
South African legislation specifically prohibits the transfer of living annuities to other financial service providers abroad. Therefore, South Africans who...
Offshore toolkit part 1: Understanding your tax obligations on leaving South Africa
In part 1 of our Offshore toolkit series, Carla Rossouw, head of Tax, untangles the tax complexities you may encounter when you end your tax residency and...
Part 2: Unpacking South African tax obligations for non-resident living annuitants
South African legislation specifically prohibits the transfer of living annuities to other financial service providers abroad. Therefore, South Africans who...
Part 1: Understanding your tax obligations on leaving South Africa
In part 1 of our Offshore advice chapter, Carla Rossouw, head of Tax, untangles the tax complexities you may encounter when you end your tax residency and...
Are you ready for the 2023 tax-filing season?
It is important for taxpayers to understand their filing obligations so that they can ensure compliance. Meagan Fraser covers the key dates to be aware of fo...
Unpacking the changes to the retirement fund lump sum tax tables
To account for the impact of inflation, this year’s National Budget introduced changes to the retirement fund lump sum tax tables for retirement fund cash lu...
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...
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...
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...
