What of form of tax do I pay if I am an SA resident employed and paid by a foreign employer?
By Marc Sevitz · Updated
Do they deduct tax in the UK?
No, they do not deduct tax in the UK. The agreement is that I sort out my tax payment in SA
Then you would need to register as a provisional taxpayer. You can read our article about What is Provisional Tax? How and when?
IF you receive the funds in SA and it gets translated into RANDS then you can use that amount otherwise you would need to translate at the SARS Exchange Rates
You can deduct all expense related to your income earned.
IF you receive the funds in SA and it gets translated into RANDS then you can use that amount otherwise you would need to translate at the SARS Exchange Rates
You can deduct all expense related to your income earned.
Perfect, thanks for your excellent support!
Only a pleasure!