I’m moving to Singapore on a local permanent contract, and I’m struggling to understand how I will be taxed. Will I be taxed there in the relevant tax bracket and then be exempt from SA tax because I am there for more than 183 days per annum? Is the double taxation treaty still valid? Or is the new rule, where you get taxed in the relevant bracket in the country you work in and then get exempt for the first R1.25 million left over, and then taxed in SA for the remainder (the new law instituted in March 2020) applicable?
I am really worried because Singapore is extremely expensive and if I get taxed on both sides of the fence I will either have to emigrate financially or not accept the contract. My intention is not to emigrate, but to come back at some stage. Please advise.
