Navigating Tax Implications of Remote Work for South Africans
Duration: 2 hours
Price: R195.00
Navigating Tax Implications of Remote Work for South Africans
Presenters : Hugo van Zyl , Mathys Briers-Louw
Overview
This video 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.
Video 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