Don’t leave your heirs to handle your expat tax problems

As a South African expat, it’s easy to get caught up in the excitement of living abroad and enjoying your new surroundings. However, one thing you cannot afford to overlook is the long term impact of your tax status on your heirs. Recent amendments to the financial emigration process have made it essential for South […]
Ultra-rich South Africans are bailing on Joburg, Cape Town and other top cities

Data from Henley & Partners shows that high-net-worth individuals (HNWI) continue to leave the country’s economic hubs. The latest Henley Global Citizens Report 2022 Q3, compiled in collaboration with New World Wealth, reported that Johannesburg has seen a 5% decrease in the number of HNWIs to date in 2022, while Cape Town has seen a […]
2 Documents South African Expats Need To Avoid Being Taxed By SARS

With the growing complexities of tax compliance, it’s crucial for South African expats to stay informed and ensure they meet all legal requirements. Amid the rise of digital platforms spreading misinformation, understanding the correct processes for SARS compliance can save expats from unnecessary taxation. If you’re living abroad, here are the 2 essential documents you […]
What SA Residents Need to Know About Paying Tax When Abroad

For South African residents living and working abroad, navigating tax obligations can feel like a daunting process. The rules have become stricter, and many expats are discovering they may still owe taxes to South Africa despite earning their income overseas. Understanding your tax status and following the correct procedures is essential to avoid potential penalties. […]
Could you be a provisional taxpayer without realising it?

Provisional taxpayers are heading for their first important date of the new tax year – they must submit their estimated taxable income for the year to the South African Revenue Service (Sars) at the end of August.
Tax thresholds for 2022 and who doesn’t have to pay: SARS

The South African Revenue Service (SARS) has published its annual guide for the income tax season, detailing who is expected to pay income tax in South Africa and the different types of income which will be taxed.
Top 10 most-innovative economies in Africa

Sub-Saharan Africa is the region with the largest number of over performing economies. The top three in sub-Saharan Africa (SSA) – excluding island economies, are South Africa, Kenya, and Tanzania. No other economy has steadily improved its rankings over time.
What happens to your debt and taxes when you die in South Africa

Death is not absolute when it comes to your debt and taxes in South Africa. Financial services company, Sanlam, notes that the bad news is that if you have debt on your assets including your car and home, “won’t become sweet parting gifts from the creditor to your loved ones”. They still need to be […]
Setting up a business: What to consider when choosing a legal entity

When setting up a business, it’s important to take a long-term view of how you envisage your business growing as this will, to a large extent, determine the type of entity best suited to house your business. In this article, we take a closer look a sole proprietorship, partnerships and private companies, and how to […]
5 destinations South Africans want to retire to

As the world opens up, retired South Africans want to explore and settle in other places. A new study by money.co.uk revealed where people want to retire the most. The study used Google search data from across all languages to establish the average monthly search volume in each country.