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An ever-widening tax net â No reprieve for emigrating South Africans
By Opinion
By: Jonty Leon
In 2017, the battle against governmentâs proposal to amend well established legislation, which provided South African residents living and working abroad an exemption from taxation on their foreign employment income reached a conclusion.
Tax Consulting SA and Barry Pretorius of the South African Expatriate Petition Group spearheaded the fight against the proposed amendment, which at the time would have completely removed the exemption altogether.
Taking expatriatesâ plight all the way to the steps of Parliament, the outcome was that government would amend the legislation to allow for an exemption of R1 million â now R1.25mil, from 1 March 2020.