Overview

This webinar explores the tax issues faced by South African residents working remotely—whether within South Africa or, more specifically, from a foreign country. It also examines the potential risks for employers, including the possibility of being deemed to have established a branch in a foreign country, or a permanent establishment in South Africa if the employer is not incorporated locally.

Additional topics include the distinction between contractors and employees, exchange control regulations, and the unilateral tax exemptions available to South African tax residents working remotely abroad.

Webinar Content

1. Employee vs. Independent Contractor

1.1 VAT risks for independent contractors

2. Foreign Earned Income for South African Remote Workers

2.1 Tax rules in South Africa
2.2 Tax rules in the foreign jurisdiction
2.3 Exchange control regulations

3. Tax Treaties: Permanent Establishments

4. Ceasing Tax Residency – Pros and Cons

4.1 When is ceasing tax residency not advisable?

5. Estate Planning: The Need for a Foreign Will

5.1 Foreign life cover considerations

6. Foreign Pension Contributions

7. Medical Contributions

8. Returning to South Africa – Tax and Exchange Control Considerations

Competencies Developed

1. Understanding South Africa’s unilateral tax exemption rules for remote workers

2. Application of double tax treaties

3. Relevant exchange control regulations

4. Estate planning options for South Africans abroad

Presenters

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. 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.

Mathys Briers-Louw

Mathys is an skillful attorney with both local and international legal academic knowledge. He was admitted as an attorney in 2014, marking the beginning of his successful career in the legal field. His expertise covers cross-border legal matters, exchange control, international money transfers and fiduciary services. Mathys provides top-notch legal services to individuals and businesses navigating the challenges of cross-border transactions.

CPD

Attending this webinar and the successful completion of the online assessment will secure a certificate of completion for 2 hours of Tax CPD.

Event Investment

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

Regular price: R460.00

SAIT member special discounted rate: R368.00

Group booking discounts available when you register for a group.

Payments and cancellations

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