Written by Nicci
Updated 27 June 2025
You may be employed by someone, but for one reason or another- you don't receive an IRP5 and no amount of begging or pleading
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Written by Alicia
Updated 7 May 2025
The assets and liabilities section in the annual tax return (ITR12) needs to be completed if you:
Each asset should be reported at its original cost — the amount you paid at the time of purchase or investment. According to SARS, these entrie...
Written by Nicci
Updated 24 April 2025
COMPANY LETTERHEAD
Date
Employee's Full Name
Address
To Whom It May Concern,
Subject: Confirmation of foreign employment
This letter serves to confirm that____________________________(Name of employee) _______________________(ID number) is employed by __________________________(company name) in the capacity of__________________________(position).
He/she is contracted to work overseas in _______________ (country) from ______________dd/mm/yy to ________________dd/mm/yy. ...
Written by Nicci
Updated 9 April 2024
This is the exemption is for employees that receives foreign employment income for services rendered outside of South Africa, provided that all the requirements are met.
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Written by Nicci
Updated 20 March 2024
Exempt or non-taxable income refers to certain types of income, which is not subject to income tax.
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Written by Alicia
Updated 22 November 2023
Written by Patrick
Posted 9 April 2021
In these ever-changing times, many South Africans working abroad have found themselves working back in their home country. Although this may not have been their first choice, SARS is tightening its hold on foreign income earners, and the tax authority will be diving deeper into expat taxes, but what does that mean and how will that affect your taxes this year? Here’s what you need to know.
Usually, in the case where Saffas were working and earning an income in a foreign country,...
Written by Nicci
Posted 14 February 2020
As of 1 March 2020, South Africans working abroad will have to comply with the amended laws on expat tax. Amendments to the Income Tax Act includes the exemption of taxes up to the first R1 million per annum.
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Written by Nicci
Posted 25 February 2019
In 2017, National Treasury announced that there would be changes to the Foreign Employment income Exemption. These changes were intended to target those South Africans working overseas on expat contracts, who had not formally emigrated and were intending to return ‘home’ to SA at a later stage. The proposed amendments would have seen South Africans working overseas in lo...
Written by Nicci
Posted 27 July 2017
It seems like the tax season, this year, has brought about more changes and proposals than we could’ve ever imagined. In July 2017, the National Treasury announced further proposals to the Foreign Employment Exemption changes already announced in the February budget (see foreign employment blog). There has been a huge amount of confusion amongst taxpayers in South Africa and mainly those expats working out of South Africa....