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Ace says: 24 November 2015 at 10:03 In determining whether one is a tax resident, you use two criteria: one is born in SA, the other if one resides in SA or has formally emigrated. I am in doubt - I am born in SA, moved to Europe 20 years ago, renounced SA citizenship and now have just moved back (on a foreign passport). What is the definition of 'formally emigrated' and how to determine my tax status? |
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TaxTim says: 24 November 2015 at 10:59 When you formally emigrated, did you give up your tax number as well? |
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Ace says: 24 November 2015 at 11:01 I left South Africa in 1995 and I do not know if I had a tax number back then. |
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Ace says: 24 November 2015 at 11:02 I was 19 and had only ever had an occasional job. |
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TaxTim says: 24 November 2015 at 11:02 Then you would not be seen as a tax resident in South Africa until you meet the definition of a resident or if you intend to make South African your home again and state that clearly to SARS. |
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Ace says: 24 November 2015 at 11:12 Ok thanks! I have just moved back to SA in August and I am employed by a foreign company. I think I will need your services as I am also starting a company on the side in SA (different to my main job). |
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TaxTim says: 24 November 2015 at 11:31 Will you be setting up a company or just running through yourself? |
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Ace says: 24 November 2015 at 12:04 I am setting up my own company (pty) ltd. |
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TaxTim says: 24 November 2015 at 12:14 We will be offering tax services for companies in 2016. |
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