This is one of the most common questions asked by South Africans living and working in the UK: “I’ve already paid tax in the UK – so why is SARS still asking me to declare and possibly pay tax in South Africa too?” It’s a fair question, and…
South African Tax Residency is often misunderstood by those relocating to the UK. There is a common misconception that they no longer have to declare their foreign income to SARS. Many believe that since they are not currently residing in South Africa, and because of…
Is Your Overseas Company a CFC? This blog explores CFC compliance in South Africa for residents with foreign companies, helping you understand when the rules apply and what they mean. We’ll begin with when the CFC rules don’t apply and then explain when…
Under South African tax law, you are considered a tax resident if you meet either the Ordinary Residence Test or the Physical Presence Test. These are the two main ways SARS determines tax residency in South Africa. 🇿🇦 1. Ordinary Residence Test This is the main…
South Africa is fast becoming a hotspot for global companies looking to tap into a skilled, English-speaking workforce and access new markets. But before you dive in and start hiring, it’s essential to understand the local employment and tax landscape. Whether…
If you’re setting up a branch or establishing any type of business in South Africa as a foreign company, one of the key legal requirements is appointing a local tax representative, often referred to by SARS (South African Revenue Service) as a public officer….