Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get SARS Tax Dates and Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.
Try Tim Now

Expats living overseas, paying money into SA accounts to pay of debts, what's the tax implication?

Posted 27 March 2014 under Tax Questions

Let TaxTim
help you
submit your
Tax returns!




TaxTim will help you:
  • Do Your Tax Return Easily
  • Avoid penalties
  • Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
My husband lives in Dubai & worked there since 1 Sep 2013. We still have a FNB bank account with an Overdraft that we are paying off. At the end of Mar 2014 to Apr 2014 we will settle this account, by depositing money into his FNB bank account. What will the tax implications be seeing as we dont work in SA anymore or stay in SA anymore.

This entry was posted in Tax Questions. Bookmark the permalink.

TaxTimTaxTim says:
31 March 2014 at 5:55

Will your husband continue to work in Dubai for longer or do you plan to return to SA in the next 6 months?

If you do not plan to return then the income he earns in Dubai will not be taxed in SA and you are allowed to send your money back to SA tax free with no implications.


Worry-bug says:
2 April 2014 at 19:29

Thank you TaxTim! We are not planning on coming back to SA.


TaxTimTaxTim says:
2 April 2014 at 23:25

Only a pleasure!


Get SARS Tax Dates and Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Let TaxTim
help you
submit your
Tax returns!




TaxTim will help you:
  • Do Your Tax Return Easily
  • Avoid penalties
  • Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started