Income tax warning for taxpayers who choose to stay in South Africa

South African taxpayers face the possibility of higher taxes in the future as the tax base continues to shrink, mainly due to skilled individuals leaving the country. This was the feedback from Tanya Tosen, Tax and Remuneration Specialist at Tax Consulting SA, who said the pressure on the tax base is already severe. Sam BusaURL

South Africa Accredits New US Envoy Amid Tensions With Trump

South African President Cyril Ramaphosa accepted new US Ambassador Leo Brent Bozell’s credentials, a month after the diplomat was issued with a formal reprimand for criticizing the government and questioning a domestic court ruling. Sam BusaURL

R1 million gift from SARS for South Africans taking money out of the country

South Africa is set to double the offshore transfer limit without SARS pre-approval to R2 million for the first time in 15 years, giving individuals greater flexibility to move money abroad. The amount South Africans can send offshore without SARS clearance hasn’t budged since 2011, but now, that is about to change, said Future Forex […]

Another 100 South African refugees landed safely in Atlanta, USA today

A group of approximately 100 Afrikaner refugees from South Africa landed safely in Atlanta today, just 35 minutes before reports began circulating. They arrived as part of the ongoing U.S. refugee program prioritizing white South Africans, primarily Afrikaners, and other minority groups like coloreds and indians —descendants of Dutch, French Huguenot, and German settlers who […]