55 is the legislative age at which retirement from your retirement investments becomes an option. Yes, it is all there in the name and you probably already know this. However,…
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Retirement annuities (RAs) are tax-efficient investments that allow South Africans to save for their golden years – contributions are tax-deductible if the income is earned in South Africa. Essentially a…
It’s a question that’s top of mind for most South Africans who have relocated abroad permanently: Once I’ve ceased tax residency in SA, how long before I can cash in my retirement…
If you’re a South African living overseas, it’s more than likely that your retirement annuity is one of the things you left behind when you relocated. You might now find…
While age is usually just a number and has little to do with how you feel or live your life, when it comes to emigrating abroad and cashing in your…
Since formal emigration has been phased out, the question we hear most often from people is: what happens to my South African retirement annuity when I emigrate? For those South Africans who…
Exchange control changes announced by the National Treasury in 2021 resulted in the phasing out of formal emigration through the South African Reserve Bank. There was some concern about this…
The South African Reserve Bank recently confirmed that they are investigating the possibility of launching a “digital rand” and that this research should be complete sometime next year. A rising…
The 13th of October 2020 was a big day for recent and soon-to-be South African expats. It’s the day the National Treasury laid down the law and confirmed changes to…
A big important decision was reached recently in Parliament, after the National Treasury (aka Treasury) and the South African Revenue Service (aka SARS) presented to the Standing Committee on Finance….