With the South African economy currently in recession, lessening the effects of Rand volatility is a top priority for many people at the moment. Many expatriates have retirement funds and other assets in South Africa that they would like to withdraw and transfer offshore. This is known as the process of financial emigration. SAFFA.com had a look at the most common questions about this process below.
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What South African expats need to know about financial emigration and recession
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Modeontwerper van SA gaan in Los Angeles in Kalifornië uitstal
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’n Jong modeontwerper van Oosrand is genooi om sy uitrustings eersdaags by ’n modeweek in Los Angeles in Kalifornië uit te stal.
Die stylghoeroe William de Beer (28), van Willet Designs Couture, is deur die voorsitter van die Art Hearts Fashion Week in Los Angeles genooi om dié modeweek in Maart by te woon.
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Durban woman flees Los Angeles wildfires
What you need to know about a tax-free savings income.
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The allowance means that the first £1,000 interest on savings income for basic rate taxpayers (taxable income up to £33,500) is tax-free. For higher-rate taxpayers (taxable income up to £150,000) the PSA is £500. Anyone earning over £150,000 does not benefit from the new PSA. In addition, any taxpayers whose total taxable income is less..
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