South Africa's expat tax kicks in

Pedro Gonçalves
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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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