BUDGET 2017/2018
BUDGET 2017/2018
South African expats earning foreign income face tax changes from March 2020. Currently, foreign remuneration is tax-exempt if you work abroad for over 183 days (including 60 consecutive days) in a 12-month period. This exemption will be capped at R1 million annually. "Tax residency" is key; consult a professional to determine your status, as "tax emigration" and "financial emigration" are complex. Don't make changes without expert advice. Plan now to avoid future tax surprises.
Facebook Revenge: The Defamation Danger
The COVID-19 lockdown's impact is unprecedented, with long-lasting repercussions. Entrepreneurs must make crucial decisions now to protect businesses and livelihoods. While the lockdown's future remains uncertain, the crisis isn't ending soon. Businesses, especially SMEs, face challenges and opportunities.
Starting a Business? The Business Trust Option
Cryptocurrencies like Bitcoin and Ethereum are legal in South Africa, but their legal status is evolving. While the Reserve Bank acknowledges their use as a medium of exchange, they are not legal tender. SARS treats cryptocurrencies as intangible assets for income tax and Capital Gains Tax, requiring taxpayers to declare gains and losses.
KVV Inc. Attorneys: Celebrating 10 Years of Excellence in Property Law and Conveyancing.
Fostering Partnerships, Driving Results.
© KVV Inc. Attorneys 2025. All Rights Reserved. Privacy Policy | POPIA
KVV Inc. Attorneys: Celebrating 10 Years of Excellence in Property Law and Conveyancing.
Fostering Partnerships,
Driving Results.
© KVV Inc. Attorneys 2025.
All Rights Reserved. Privacy Policy | POPIA