As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
High level clouds. Mild.
From March 2020, “expat tax” could be in full force and many South Africans abroad are uncertain about what this will mean for their forex flow. Here are five things you need to know.
A radio show on South Africa’s “brain drain” heard that for every single professional that migrates to the country, eight others leave. But is there a way to prove that this is true? Africa Check reports.
Financial emigration should not be implemented as a knee-jerk reaction to new South African expatriate tax laws, caution financial experts.
Expat amendments to the SA Income Tax Act, which is supposed to generate further revenue for the country, will probably create the opposite effect, warns a tax expert.
National Treasury has invited key stakeholders to a workshop early in March to address continued concerns around the amended foreign income tax exemption.
South Africa is home to beautiful landscapes and diverse cultures. Others come here as internationals and leave as South Africans because of the place this land harbours in their hearts.
Expatriates moving to Switzerland earn an average of more than $193 000. That’s the highest in the world and 54% more than if they’d stayed at home
South Africans initially thought the proposed repeal of a provision that exempts those who work overseas from paying tax in the country, was fake news, Parliament hears.
National Treasury’s proposal to repeal an exemption to avoid double taxation of South Africans who work abroad will have a far-reaching impact on a number of individuals, says a tax expert.
There are clearly many South African tax residents who earn money abroad and are not declaring that income to the SA Revenue Service, says National Treasury.
Switzerland has knocked Singapore off its perch as the world’s top-ranked destination for expatriates.
A forex expert explains the ins and outs of financial emigration - an exchange control matter that allows a South African to be classified as a non-resident.
The 'hype' created about changes to the SA Income Tax Act relating to exemption of employment income earned abroad, is clouding its fairness, says an expert.
National Treasury and SARS held a workshop where they got feedback from financial experts on practical issues regarding the foreign income tax exemption, but they are not budging on the actual amendment.
Earlier this year Stryve Biltong bought out first Biltong USA, then Braaitime, two companies founded by former South Africans. Now it has a war chest it intends to use proclaiming biltong to be superior to pathetic US attempts to dry meat.
This is where you should go if you've been dreaming about living full-time outside South Africa for a few years.
National Treasury believes that the 183 day threshold for South Africans working outside the country should remain in the proposed amendments to the tax laws.
Tax experts have urged National Treasury to give careful consideration to the economic implications of repealing the exemption on taxes for South Africans who work overseas.
Government’s bid to repeal the foreign employment income tax exemption is not a “crazy proposal” compared to other tax jurisdictions, says National Treasury's Ismail Momoniat.
Qatar, has approved a landmark law to grant permanent residency cards, and rights to some of the foreigners who dominate its population.
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