In 2017 the National Treasury and SARS announced that they would be introducing major changes in the tax exemption on South African expatriates. According to Claudia Aires Apicella, head of Financial Emigration at Tax Consulting SA, the legislative amendment is set to come into effect on 1 March 2020. It states that South African tax..
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South Africa’s big expat tax is coming – major changes to be introduced in tax exemption on South African expatriates
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South African expats fear losing tax exemption
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South Africans living abroad are fuming. Many will now be forced to come home after the Treasury announced a proposal to remove the foreign employment income tax exemption for South African expatriates. This means that those who make money from overseas employment could now be taxed domestically on their earnings. Magda Schoeman, who has lived..
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