Non-resident South Africans will have to face a changing tax structure come March 2020. Those living abroad may be forced to consider thinking about their tax residency and structuring their tax affairs accordingly. Confusion has arisen around the difference between financial emigration and becoming a non-resident for tax purposes. Many expats assume that either one, both or neither apply to them. Therefore, it is important to understand the difference.
Please feel free to contact our offices on 011-479-9000 or firstname.lastname@example.org should you require assistance.
Professional Accountants (SA) – SAIPA