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LATEST NEWS


CAUGHT BETWEEN TAX EMIGRATION PROCESSES
On 24 April 2023, SARS launched the new AIT process… A SAICA webinar with Piet Nel and Mark Kingon (SARS), had Mark hinting that all...
Fred Akal
Jun 12, 20232 min read


TAX EMIGRATION FROM SOUTH AFRICA - New Process
EMIGRATION PROCESS HIGH LEVEL – The Bank redirect you to SARS We often forget or take for granted that South Africans are subject to...
Fred Akal
Jun 12, 20232 min read


I DIDN’T EMIGRATE CORRECTLY - TAX EMIGRATION DEMYSTIFIED
There are two scenarios to exit South Africa as a tax resident: 1. In case of death, and be subjected to estate duty, and 2. ...
Fred Akal
Oct 10, 20222 min read


Fred Akal
Sep 5, 20220 min read


How many days do I need to work abroad to be eligible for the 183 days exemption?
Article : ‘183 days rule’ changes for South Africans working abroad Interpretation Note 16 (Issue 4) – dated 28 June 2021 ACT : ...
Fred Akal
Sep 5, 20222 min read


Looking for the latest updates from SARS? What's NEW at SARS Tool.
Often, we are challenged in our SARS communications and applications - However, today was like a fresh breeze flowing through, when I...
Fred Akal
Aug 24, 20221 min read


Tax Emigration -What documentation should be provided? Ceasing to be a tax resident in South Africa.
If the declaration is made on the income tax return (ITR12), you will receive a request for supporting documents to substantiate the...
Fred Akal
Jun 7, 20223 min read


No longer a tax resident in South Africa - How do I declare to SARS
The taxpayer must inform SARS by way of one of the following two channels: If a taxpayer ceased to be a tax resident of South Africa, the...
Fred Akal
May 26, 20222 min read


Mass Exodus – Sort out your tax compliance profile when emigrating…Tax Emigrate
A recent article in Business Tech on 15 September 2021 indicated a mass exodus by key earners as more of the country’s skilled...
Fred Akal
Sep 30, 20212 min read


THE FUTURE OF TAX EMIGRATION FROM SOUTH AFRICA (Part 2)
Income Tax A recent letter from SARS to an emigration candidate asked for 12 months of bank statements from ALL banks preceding...
Fred Akal
Feb 22, 20212 min read


THE FUTURE OF TAX EMIGRATION FROM SOUTH AFRICA (Part 1)
I have written a few articles on tax and financial emigration. It is a complex process, involving different stakeholders like SARS, the...
Fred Akal
Feb 10, 20212 min read


TAX EMIGRATION BY MARCH 2021 – AND WHY YOU NEED EXPERTS
If you have been following the latest development on tax emigration outlined in the points below, those should not just encourage South...
Fred Akal
Jan 15, 20213 min read


EMIGRATION PROCESS - A NEW LEVEL
The emigration process is changing. From a Tax emigration point of view, 28 February 2021 is ‘allegedly’ the last date of emigration from...
Fred Akal
Dec 17, 20202 min read


TAX EMIGRATION - COUNTDOWN FOR RISK MANAGEMENT TEST
A look at the Budget Speech Review - 2020 issued on 26 February 2020 by the National Treasury, and changes are expected in little under 5...
Fred Akal
Oct 19, 20202 min read


SARS NEW AUTO ASSESSMENTS
It is without doubt that the age of technological advances lends itself to automation. One such automation is the proposed SARS Income...
Fred Akal
Aug 13, 20202 min read


PAYE: COVID-19 DEFERMENT OF TAXES
With cash flows being an issue for many businesses, it is important to draw clients' attention to a deferment allowed by SARS. This will...
Fred Akal
Apr 30, 20201 min read


VAT - COVID-19 DEFERMENT OF TAXES
With many businesses being closed and costs continually mounting, the largest challenge for business owners is that of cash flow strains....
Fred Akal
Apr 29, 20203 min read


TAX RELIEF – PRESIDENT SPEECH 21 APRIL 2020
Of immediate interest, with companies under severe cash flow stress and receiving little to no income with the current lock-down...
Fred Akal
Apr 22, 20201 min read


Payroll - Getting it right
Payroll is typically the single biggest expense for most businesses, and it can be hard to get it right consistently. Below are some...
Fred Akal
Apr 16, 20202 min read


COVID19 TERS Claims - Keep your business going
The spread of the COVID-19, and the attempts to slow it down, have presented some of the most unique challenges to business owners and...
Fred Akal
Apr 7, 20202 min read
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