14 April 2016 at 15:55
I am currently living outside of South Africa. Am I able to deposit money with a South African bank and at what rate will my interest earnings be taxed at? Am I able to withdraw the money easily again from South Africa?
This entry was posted in Tax Q&A and tagged Salary / IRP5, Rental Income, Dividends, Penalties, Foreign employment income. Bookmark the permalink.
15 April 2016 at 9:57
As a non resident and if you are out of SA for more than 183 days then the interest will be exempt from tax.