#WATCH | This extremely practical webinar-series will focus on all the issues facing the expat South African who has become a tax non-resident. The exchange control section will be comprehensive and will cover the rules applicable prior to leaving South Africa.

Expat Tax 2022

Overview

In this three-part expat tax series, Hugo van Zyl will focus on exchange control rules, tax filing as a non-resident taxpayer and the pros and cons of deregistering as a South African taxpayer. Each webinar can be attended independently.

Expat Tax 2022: Excon Update including Loop Structure

In webinar 1, Hugo van Zyl will address the current rules as they apply to both residents and non-residents. He will focus on loop structures as well as the difference between South African Reserve Bank non-resident and the South African Revenue Service (SARS) non-resident rules. He will consider, in detail, the SARS refusal to allow a South African trust to distribute to a foreign trust.

14 June 2022 I Click here to read more.

Expat Tax 2022: Now that I am Tax Non-Resident, how do I File Tax?

In webinar 2, Hugo van Zyl will consider all the tax filing obligations of a taxpayer that ceased to be tax resident. He will address income tax, estate duty and donations tax filing obligations. The exit tax payable on cessation of tax residency and all subsequent capital gains tax and income tax obligations on South African sourced income will be addressed including the reduction of PAYE on pension and living annuity income earned by a tax non-resident person.

14 July 2022 I Click here to read more.

Expat Tax 2022: Risks, Pros and Cons of Tax Number Deregistration

In webinar 3, Hugo van Zyl will consider the pros and cons of retaining or deregistration of the South African Revenue Service (SARS) tax number, not only from SARS perspective, but also addressing the South African Reserve Bank, Master of the High Court and Deeds Office consequences.

During this webinar, we will also consider the estate duty consequences of a person no longer an ordinary tax resident vs a taxpayer deemed non-resident because of treaty tiebreaker. In this session, Hugo will address estate planning by tax emigrants to ensure their South African situ assets are dealt with correctly and efficiently.

11 August 2022 I Click here to read more.

Book the full series and receive 25% discount.

Competencies developed in this CPD

After attending this webinar-series, you will be:

• Informed about exchange control with a general understanding of the current rules.
• Able to advise clients on loop rules and the risk factors.
• Updated on exchange control as applicable to persons having changed from resident to non-resident status.
• Understand the Trust Property Control Act and the impact on beneficiaries no longer a tax or exchange control resident.
• Competent to apply the tax filing obligation of a non-resident taxpayer in terms of the Tax Administration Act.
• Able to advise clients on the tax filing obligations of a tax non-resident.

Presenter

Hugo van Zyl

CA(SA) TEP MTP(SA), Cross-Border and Tax Specialist

Hugo is an experienced trainer, lecturer and "go-to" industry specialist. It comes as no surprise that SARS appointed him to lecture on capital gains tax and worldwide taxation based on residency. In the last six years, he has presented at least once a quarter, for anyone of the many professional bodies he belongs to.

Hugo is internationally known as @Wegkaner (on Twitter), taking special care of South Africans residing outside South Africa, or planning to relocate out of South Africa.

Based in Cape Town, he is proudly South African yet holds a United Emirates Residency permit, because of his UAE registered practice aimed at expats. Hugo's client base is global, includes intermediary firms, local and international financial institutions and often the powers to be at the professional regulatory bodies he belongs to.

Hugo was one of the first advisers able to assist South Africans living abroad, to emigrate and extract their retirement funds from South Africa formally, initially trading as FFI, after that TAXFORUM once upon a time being part of the emigration teams at Maitland, Cashkows (now FinGlobal) in Hermanus, Breytenbach Cross-Border Advisors (Cape Town) and more lately FNB's Fiduciary unit. The First Rand Bank stint was short yet a most exciting journey.

Hugo serves on the SAICA Tax Committees sub-committee dealing with SARB FinSurv (or Exchange Control) matters.

During 2018, providing advisory services using e-meetings and platforms were questioned. Yet, today in the Covid-19 era, Hugo's business model using online platforms became the norm. It is therefore not surprising that most his clients live outside South Africa and his in-depth understanding of the various double tax agreements, often leaves his foreign-based colleagues astounded. In South Africa, his local company provides much needed support and guidance to other small and medium-sized firms.

Event investment

Free for Tax Practitioner and Tax Accountant CPD subscribers. Not a CPD subscriber yet? Click here to register now.

Per series:

25% discount on full series

Regular price: R1 113.75

SAIT price: R888.75

Group price 1 (max 5 people): R2 137.50

Group price 2 (max 10 people): R4 500.00

Group price 3 (max 15 people): R5 625.00

Per webinar:

Regular price: R495.00

SAIT price: R395.00

Group price 1 (max 5 people): R950.00

Group price 2 (max 10 people): R1 800.00

Group price 3 (max 15 people): R2 500.00

Payments and cancellations

• All payments must be made by EFT or by credit card, at least three working days before commencement of an event.
• Kindly note that should payment not be received two days after the event, legal action will be taken.
• Proof of payment will be requested upon registration if payment does not reflect on The Tax Faculty’s bank account.
• Only written notice of cancellation will be recognised.
• Conditions:
  • If the cancellation occurs more than four working days prior to the event, no cancellation fee will be charged.
  • If the cancellation occurs less than four working days prior to the event a 100% cancellation fee will apply.
• Delegates who book and fail to attend will be liable for the full event fee.
• The Tax Faculty’s liability in the case of an event being cancelled will be limited to a refund or credit of the event fee.
• Please click here for the full terms and conditions.