February 2023

THE 2023 BUDGET: SHORT TERM GAINS NOT ENOUGH On 22 February, the Minister of Finance, Enoch Godongwana, had the unenviable task of delivering the annual Budget Speech. Over the last year, and especially over the last few months, South Africa has taken one knock after another. Ears everywhere were on the ground, listening to what […]

An Expat Misconception: Your Tax Residency Status South Africans living abroad need to be mindful of the impact that this has on their tax obligations and ultimately, which country has a taxing right. Your tax obligation ultimately depends on your tax residency status. READ MORE André Daniels Legal Manager of Tax Controversy & Dispute Resolution

No Endgame: SARS stalemates taxpayers ceasing tax residency There may be a strange game of chess being played with taxpayers who are trying to cease their South African tax residency, with the result of keeping them “trapped” as tax residents for no legitimate reason. READ MORE Featured in “We have seen this often and especially

South Africa welcomes foreign property investment despite widespread global restrictions In the midst of growing international restrictions on foreign property investors, South Africa remains a welcoming haven to these buyers. Victoria LancefieldDirector of Expatriate Tax and Banking Engagement Marisa JacobsManaging Director READ MORE Featured in “Foreign investors can enjoy greater freedom to purchase a wider

SARS FOCUSES ON INTERNATIONAL TAX WITH 52 FRESH VACANCIES AHEAD OF BUDGET SPEECH​ In the lead up to South Africa’s budget speech in February 2023, the South African Revenue Service (SARS) has announced the addition of 52 new vacancies to its staff. The positions listed all hint to new changes which may affect expats living