SARS Tax

Understanding SARS Foreign Employment Income Exemption Complete guide for South African residents working abroad Last updated: November 2025 Quick Facts First R1.25 million of foreign income is tax-free Must work outside SA for 183 days per year Need 60 continuous days outside SA Only for employees, not self-employed Must still declare all foreign income to … Read more

Day trading can be exhilarating. It’s a fast-paced world where your next trade could lead to impressive gains, or unexpected losses. However, alongside the thrill of trading comes a pressing question: how will these activities be taxed? For South African day traders, the choice between trading as an individual or through a company can significantly … Read more

Maximizing Tax Savings Through Retirement Annuity (RA) Contributions How to reduce your SARS tax bill while saving for retirement Last updated: December 2025 Quick Facts Save up to 27.5% of your income from SARS tax Maximum deduction is R350,000 per year Your RA investment grows tax-free Get a SARS tax refund when you contribute First … Read more

Navigating Tax Number Discrepancies: What to Do When Your Tax Ref Number Disappears Imagine paying your taxes diligently for four years and then discovering your tax reference number has vanished. This perplexing situation recently arose for a 24-year-old permanent resident of South Africa. Here’s the story and what you can do if you find yourself … Read more