Exit Tax

Detrimental or Desirable; What You Need to Know

When pursuing international career growth, and offshore employment, be aware that moving your person, without the requisite paperwork, will have you scoring bonuses in Belgium, but still subject to SARS in South Africa. In order to ensure optimal taxation, South Africans abroad must make use of either the Double Tax Agreement or Financial Emigration process to formally cease their tax residency in South Africa.

Loyiso Bavuma
Tax Attorney

Richan Schwellnus

Richan Schwellnus
Tax Associate