South Africa's expat tax kicks in

Pedro Gonçalves
South Africa's expat tax kicks in

South Africans living abroad now have to pay tax on anything above their first R1.25m made outside the country. The rest of their earnings - including all fringe benefits, like housing, education and flight allowances - will now be taxed according to the normal tax tables for the year, which can go up to 45% in some cases. Amendments to South Africa's tax law came into effect on March 1, which means expat tax kicked in. The original plan called for a limit of R1m (£50,000). The expat...

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