Available Course

Tax residency and financial emigration (Afrikaans)

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Duration: 2.50 Hours
CPD Hours: Attendance at this seminar will secure 2.5 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Course Facilitator: Corlia Faurie
T:  0118861395
E:  gillian@probetatraining.co.za
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For many South Africans, the prospects of employment, education and life abroad seems to be an attracting force that is increasing in strength every day. However, very few residents consider and understand the tax implications of changing residency, and the difference between legal and tax residency. The recent changes effected in the formal emigration process between SARS and the Reserve Bank also add to the conundrum, resulting in questions on tax residency status. We offer a dedicated session to discuss these matters, and clarify the changes to the formal emigration process.

This session will address matters including, but not limited to, the following: • Rules governing residency for Income tax purposes o How to determine whether you are a tax resident, and when such residency would cease o Tax implications of becoming or ceasing to be a resident o Legal vs tax residency  Changes in the formal emigration process o Exchange control implications of ceasing to be a resident • Rules governing the taxation of South African sourced income for non-residents

☒ Investment managers ☒Financial managers ☒Tax Practitioners ☒Bookkeepers ☒Financial accountants ☒First year SAICA Trainees ☒Second year SAICA trainees