Where Do You Stand with SARS? Why a Tax Diagnostic Review is the Best New Year’s Resolution for 2026 As we step into 2026, there is no better time for taxpayers to gain clarity on their exact standing with the South African Revenue Service (SARS). Many individuals assume their tax affairs are in perfect order, […]
Provisional Tax Deadline Looming: What South Africans Must Know As the 2026 provisional tax deadline approaches, thousands of South Africans are searching for clarity: What must I submit? What has changed? How do I avoid penalties & interest? These questions matter because for taxpayers earning income outside traditional employment, provisional tax is a non-negotiable responsibility
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Renounced South African Citizenship? You May Still Be Taxable in the Eyes of SARS With the South African Revenue Service (SARS) expected to crack down on individual expats who remain non-compliant, South Africans living abroad and who have renounced their South African citizenship should take note that this step does not automatically end their tax
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Planning to Emigrate in the New Year? Start Preparing Now Before the Festive-Season Slowdown Hits As the year draws to a close, many South Africans begin preparing for international relocation at the start of the new year, yet the administrative side of emigration, particularly ceasing South African tax residency is often more complex than anticipated.
SARS Will Soon Know About Every Foreign Property You Own — Are You Prepared? The South African Revenue Service (SARS) is about to gain unprecedented visibility into your offshore life. A new global tax agreement means SARS will soon automatically receive detailed information about every foreign immovable property owned by South African taxpayers across more
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How SARB’s New Rules Affect the Transfer of South African-sourced Income Abroad At the end of October 2025, the South African Reserve Bank (SARB) introduced material changes to the processing of cross-border income transfers. While intended to reinforce compliance and enhance alignment between SARB and the South African Revenue Service (SARS), these measures mean that
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During a virtual meeting of the Standing Committee on Finance on 4 November 2025, Chris Axelson, a Deputy Director-General at National Treasury, announced that the proposed amendment in the draft Taxation Laws Amendment Bill (TLAB) to delete section 10(1)(gC)(ii) of the Income Tax Act No. 58 of 1962, is withdrawn. The decision comes as National
Tax Season May Be Over, But South African Expatriates’ SARS Work Might Not Be With the 2025 tax submission season now behind us, many South Africans living abroad may believe their tax obligations are settled for the year. However, for expatriates whose records at the South African Revenue Service (SARS) still reflect them as South
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Parliament Heard: Foreign Pensions Tax Could Deter Wealthy Retirees, Returning Expatriates and Investment The proposed removal of the tax exemption on foreign retirement funds for South African tax residents could have far-reaching negative consequences, including deterring wealthy foreigners and expatriates from choosing South Africa as a retirement destination, discouraging return migration, and scare off global
Hidden Danger of Under-Declaring Income: Why Expats May Be More at Risk Without Knowing It “In terms of the Tax Administration Act, the accused is obliged to submit tax returns for assessment by a specific return date. The accused failed to submit 4 Personal Income Tax returns. Now, therefore the accused is guilty on 4
