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Tax on Foreign Pension



Chris said:
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.

TaxTim Nicci TaxTim Nicci said:
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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