Changes regarding access to retirement fund withdrawal benefits on emigration from 1 March 2021 The Taxation Laws Amendment Act 23 of 2020 (TLAA 2020) was promulgated on 20 January 2021 and introduced changes regarding access to retirement fund withdrawal benefits for...
We have had many questions from concerned clients around the new laws on income tax for South African expats. We take a closer look below. The new law states: “There shall be exempt from normal tax any form of remuneration to the extent to which that remuneration...
