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

Posted 27 March 2014 under Tax Questions



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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.

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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!


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