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Tax on Foreign Pension

Posted 22 February 2016 under Tax Q&A


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Chris says:
20 February 2016 at 14:47

Hello Tim, I am working outside of South Africa and for a US based company. I am more than half the year outside SA and one stint is more tham 60 Days. I have money in france which was part of a pension/savings plan from my previous employer. I paid 6 percent and they paid 6 percent each month. I want to bring this money back into SA, what do I have to declare? As all of this money were part of my salary that was invested while working abroad. All of it was invested in stocks.

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TaxTim TaxTim says:
22 February 2016 at 2:02

If you have a pension from working whilst overseas that is not related to SA then you can bring this back to SA tax free.


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