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foreign-employment-income
2026 Tax Season: Why You Should Still File Your Income Tax Return
With the 2026 tax season approaching, many clients have been asking whether they really need to submit an annual income tax return this tax year. Our ans
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I work for someone, but did not receive an IRP5 - what should I do?
You may be employed by someone, but for one reason or another- you don't receive an IRP5 and no amount of begging or pleading(endpreview) will result in on
Read moreUnderstanding the Assets and Liabilities Section in Your Tax Return
The assets and liabilities section in the annual tax return (ITR12) needs to be completed if you: earn self-employment income or are an independent contracto
Read moreForeign Employment Exemption Letter
COMPANY LETTERHEAD DateEmployee's Full NameAddress To Whom It May Concern,Subject: Confirmation of foreign employmentThis letter serves to confirm that__
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Top Questions on Income that is not taxed
Exempt or non-taxable income refers to certain types of income, which is not subject to income tax. (endpreview) There is a section in the tax return called &ls
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Tax Exemption for Foreign Employment Income : What You Need to Know
If you think earning an income from a global source isn’t taxable on home soil, I’m afraid I have some bad news. Whether you’re earning Dollar
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New South African Expat Tax Changes in 2021
In a bid to meet its tax revenue quotas, SARS began introducing changes to the expatriate laws which took effect on 1 March 2020, which saw the launch of the Fo
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Do I earn enough to have to pay tax?
Why must I pay tax, I don’t earn enough! Will I get a penalty if I don’t disclose all my income to SARS?(endpreview) These questions are common and
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Expat Tax
As of 1 March 2020, South Africans working abroad will have to comply with the amended laws on expat tax. Amendments to the Income Tax Act includes the exemptio
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1 March 2020: Expats alert, tax changes are coming your way!
In 2017, National Treasury announced that there would be changes to the Foreign Employment income Exemption. These changes were intended to target those South A
Read moreUnpacking the Budget Speech: proposed changes to foreign employment
Since the announcement of the 2017/2018 budget, TaxTim has been asked many times about the changes to the foreign employment income exemptions rules which could
Read moreWhat's the delay with getting my SARS Refund?
SARS has typically been quick to refund taxpayers who have filed their tax returns and are due a refund, with money appearing back in their bank accounts smooth
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