****Please note that this course is based on South African Tax****
Statistics South Africa (Stats SA) showcases the trend of South Africans becoming global citizens by nature, being more mobile in a worldwide economy. Between 2006 and 2016, 94 760 South Africans have emigrated. In 2018, 900 000 people born in South Africa were living abroad for one year or longer. This begs the question - How does South Africa treat these global citizens from a tax perspective? It is clear that different tax requirements apply for South African tax residents and non-tax residents, South Africans employed by foreign companies in South Africa or South African companies employing foreign employees in a foreign country. There are so many variables and different sources of income and employment, that it certainly needs to be unpacked, especially with the 2021/2022 tax season in sight, when the amendment to the Income Tax Act that forms part of the Taxation Laws Amendment Bill of 2017, will be fully enacted.
Join us for this very informative course whereby we not only unpack the Expat taxes, but also discuss various other forms of foreign employment and/or working abroad.
Topics Discussed:
Working in South Africa, for a foreign company
Working abroad, for a South African company
Working on a rig – for a foreign company
Working on a rig – for a South African company
Working on a cruise ship – foreign ship
Working on a cruise ship – South African ship
South African company – employing foreign staff that work in foreign countries
Foreign company – employing South African staff that work in South Africa
Financial Emigration vs changing your tax residency status.
CGT – deemed disposal Section 9H - review
All Included:
Video presented course
Downloadable course material
Certificate of training
SAIT Accredited - 4 verifiable CPD points