A man paid R1,500 to bring his own laptop back into South Africa: SARS outlines strict customs rules

The South African Revenue Service (SARS) has issued a new statement on what items you have to declare when leaving and returning to South Africa.

The statement follows a BusinessDay article in which a South African businessman reported that he was forced to pay R1,500 to bring his own laptop back into the country.

“In terms of customs legislation, South African residents travelling abroad are not required to declare their personal effects when leaving the country, nor upon return,” it said.
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Financial emigration: SARS and small expatriate fish

Emigrating from South Africa is not as simple as packing up your bags, jumping on a plane and setting up shop somewhere else. Unfortunately, there is still the issue of tax and no matter where you go, the taxman remains interested.

The South African Reserve Bank, SARS and even the globally agreed “common reporting standards” or “CRS” want to know your movements. Even Home Affairs have climbed on this bandwagon in respect of the White Paper released last year which recommends that all South Africans abroad must report themselves correctly, for good recordkeeping and for the authorities to know their whereabouts.
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Pair caught trying to smuggle R6.7m out of SA

South African Revenue Service (Sars) customs officials have prevented over R6 million worth of undeclared foreign currency from exiting South Africa at OR Tambo International Airport (ORTIA) this week, SARS said on Sunday. Customs Officials at ORTIA intercepted two passengers travelling to Dubai as they were about to board their flight on Thursday, Sars acting […]
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Belangrike inligting vir SA ekspats wat meer as R1 miljoen verdien

Almal weet teen dié tyd dat SARS ʼn deel van die Artikel 10(1)(o)-belastingvrystelling wil wegneem. Hierdie vrystelling stel Suid-Afrikaners tans vry van belasting indien hulle langer as 183 dae in die buiteland werk, mits ʼn deel van die 183 dae een aaneenlopende tydperk van 60 dae is. Twee belangrike hersienings is aan die aanvanklike voorstel […]
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Here’s how the taxman will come after South African expats

If you have a good job overseas‚ living in a country where the tax rate is 25%‚ but your salary falls into South Africa’s 45% tax bracket‚ the taxman now wants to come after you to collect the difference of 20%. Jerry Botha‚ a managing partner at Tax Consulting‚ said the draft tax law amendments […]
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Due To The South African Reserve Bank Newest Legislation Protocol SA Expats Cannot Use Their SA Bank Cards In The UK

South Africans in the UK are very surprised to learn that they are not allowed to use their South African Debit and Credit cards while living abroad. Unfortunately, for South African expats, the South African Reserve Bank (SARB) have control over the free movement of South African wealth using Exchange Control. South Africans are allowed […]
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