Episodes

  • The Essentials of VAT Compliance For Businesses: Micaela Paschini on HOT FM
    Nov 8 2024

    Listen to Micaela Paschini, Tax Attorney at Tax Consulting South Africa, on Hot FM as she delves into the essentials of VAT compliance for businesses.

    Micaela covers key topics such as the threshold for mandatory VAT registration, the process of paying VAT, and the implications of failing to register. Do not miss this segment to keep your business compliant and informed on VAT essentials!

    For more information on VAT compliance, contact us: https://bit.ly/40EGkYC

    #HotFM #TaxConsulting #TaxCompliance #VAT

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    10 mins
  • Foreign Employment Income Exemption vs. Double Tax Agreements Explained | South African Expats Tax Guide
    Oct 30 2024

    Are you a South African expat or remote worker struggling to understand your tax obligations?

    In this video, John-Paul Fraser (Tax Attorney) and Chavaughn Phillips (Expatriate Tax Specialist) break down the key differences between the Foreign Employment Income Exemption (Section 10) and Double Tax Agreements (DTA) to help you make the best choice for your unique situation.

    Learn how Section 10 can provide tax relief for South African tax residents with foreign employment income and how DTAs can potentially cease your tax residency status, offering broader relief across various income types. We cover the pros, cons, and common misconceptions to help you through these complex tax processes.

    Visit our website for more information. Cross-border Taxation

    Follow us on all podcast platforms for more expert insights! Podcast | Tax Consulting South Africa

    Link to podcast: Foreign Employment Income Exemption VS DTA.wav

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    27 mins
  • SARS Latest Warning To Non-Compliant Crypto Traders And Traders
    Oct 29 2024

    Tune in to hear Jashwin Baijoo, Associate Director and Head of Strategic Engagement & Compliance at Tax Consulting South Africa, discuss SARS' latest warning to non-compliant crypto traders and investors.

    He discusses SARS' upcoming multilateral agreement, set for November 2024, which will enable the global exchange of crypto-related information. With more than 5.8 million South Africans holding crypto assets, he covers the legal remedies available to avoid tax penalties and even the risk of prison time.

    Read the full article: https://bit.ly/4dXHAZA

    #CryptoTax #SARS #TaxCompliance #TaxConsulting

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    13 mins
  • Receiving an Inheritance as a South African Expatriate
    Oct 17 2024

    In this episode, Mbalenhle Mahlaba, Expatriate Tax Consultant, and John-Paul Fraser, Tax Attorney, discuss the complexities South African expatriates face when receiving an inheritance from South Africa.

    They cover key considerations such as tax residency status, estate duty, and the process of transferring inherited funds abroad. Learn how to manage potential pitfalls, avoid double taxation, and understand the importance of financial emigration for a seamless experience.

    Tune in to get expert advice on securing your inheritance while staying compliant with SARS.

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    18 mins
  • Residency Recommencement
    Oct 16 2024

    In this episode, Richan Schwellnus, Tax Attorney, and Nikolas Skafidas, SARS Tax Compliance and Processing Supervisor, discuss the key considerations for South Africans returning home after a period abroad.

    As you recommence your residency in South Africa, several key factors must be addressed, including tax residency status, banking, and exchange control regulations.

    Failure to declare foreign-sourced income to SARS could result in significant tax liabilities, making it essential to seek expert guidance.

    Join us as we explore tax residency, asset structuring, and compliance with exchange control regulations to ensure a smooth transition back home.

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    19 mins
  • Two-Pot Retirement System: Expatriates FAQ
    Oct 14 2024

    In this episode, Mbalenhle Mahlaba, Expatriate Tax Consultant, and John-Paul Fraser, Tax Attorney at Tax Consulting South Africa, take an in-depth look at the newly implemented Two-Pot retirement system, frequently asked questions and its significant impact on South African expatriates.

    They explore the legislative changes and tax implications of this system, which offers a balanced approach by dividing retirement savings into an accessible portion for immediate financial relief and a secured portion locked until retirement.

    Join Mbalenhle and John-Paul as they explore a much-debated retirement reform and essential benefits it offers for expatriates adapting to these changes.

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    19 mins
  • Ceasing Tax Residency
    Oct 8 2024

    Emigrating is more than just relocating; it comes with significant tax implications that every South African expatriate must consider. In this episode, Courtney Carstens, Expatriate Tax Consultant and Delano Abdoll, Legal Manager of Cross Border Taxation, delve into the foundational aspects of financial emigration for South Africans living abroad.

    They will unpack the key tests for determining tax residency—the Ordinarily Resident Test and the Physical Presence Test—and walk through essential steps such as managing capital gains and obtaining the Approval International Transfer (AIT) Pin.

    Understanding these processes is vital to ensuring compliance with SARS and avoiding any potential tax pitfalls. Tune in to gain valuable insights into understanding the complexities of tax residency and achieving a smooth financial emigration.

    #TaxResidency #FinancialEmigration #ExpatTax #CeaseTaxResidency #AITPin #SARS

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    16 mins
  • Curious about crypto taxes in South Africa? Tune into the Luno Podcast with Jashwin Baijoo
    Oct 2 2024

    Tune in to the latest Luno Crypto & Tax Podcast with Jashwin Baijoo, Associate Director and Head of Crypto Asset Compliance at Tax Consulting South Africa.

    From understanding tax obligations for long-term investors to distinguishing between Income Tax and Capital Gains, Jashwin breaks down everything you need to know. Whether you are an experienced trader or new to the crypto world, this podcast will provide you with key information to ensure you meet your tax obligations with ease.

    For more information on crypto asset compliance, read our article: https://bit.ly/3Y2JbJ5

    #CryptoTax #LunoPodcast #TaxConsulting

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    45 mins