#WATCH I Join Roné Loubser as she focuses on foreign employment earnings of the South African resident and the cessation of tax residency.
This webinar will be presented in two parts. The first part discusses a practical approach to deal with expat tax at SARS, with the focus on foreign employment earnings of South African residents. We will discuss relevant aspects to the SARS requirements as well as the implications of South African tax when submitting an income return to SARS.
During the second part of this webinar, we will deal with the cessation of tax residency and the process to facilitate a change in resident status through SARS efficiently. We will discuss the SARS requirements for becoming a non-resident and the resulting capital gain effect thereof. Potential pitfalls and suggested work-arounds will be highlighted, based on practical experience gained over the last couple of years.
Difference between South African expats and tax non-residents
SARS requirements for South African expats on foreign employment earnings
Methods of changing your tax residency status (Ordinary vs DTA)
The consequences of ceasing your South African tax residency including the benefits of becoming a tax non-resident
Deemed disposal capital gains tax on cessation (assets included and excluded)
Practical examples and scenarios relating to both expats and non-residents
After attending this webinar, you will be:
Understanding the differences between resident vs non-resident
Understanding the consequences and benefits of resident vs non-resident
Ability to do tax planning and inform clients of the impact of resident vs non-resident
Collaborating with clients about the impact of ceasing residency
Collaborating with clients about the impact of remaining an expat
Ability to make informed decisions and provide comprehensive advice to clients
Updated with important changes of the SARS process in practice
Informed about the SARS requirements and tax legislation
Roné Loubser
Team Leader Tax Delivery
Roné joined the FinGlobal team in May 2015. She holds a BCompt degree in Financial Accounting and completed her Professional Certificate in International Tax during 2021. She has previously worked for Villet Pitzer as a Senior Bookkeeper for 3 years and thereafter expanded her knowledge in Double Tax Agreements for the past 7 years. Roné leads the FinGlobal tax team, specialising in the cessation of South African tax residency.
This event and successful completion of the online assessment will secure 2 hours verifiable output Tax CPD points.
Free for Tax Technicians, Tax Practitioner, Tax Accountant CPD subscribers and Practice Packages. Not a CPD subscriber yet? Click here to register now.