We believe that knowledge and preparation is power. We share articles, tips and information to help you be better prepared for your Tax Clearance application and Financial Emigration. In doing so, we hope to help our clients make better-informed decisions too.
Are you a South African national working abroad and currently worried, confused, or simply just concerned about #tax2020? What is #tax2020? Let’s give you some background: Before the change, all foreign employment income earned by South African tax residents were fully exempt from tax as long as they meet certain requirements. What were these requirements? Residents were required to meet the 183 and 60 full days requirements in order to qualify for the exemption. That meant:
