Tax Residency Course When Do You Stop Being a Resident for SA Tax

Price:
R565.00 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Biz Facility
Duration:
105 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


A tax resident may, due to a matter of choice or circumstances cease to be a tax resident of South Africa. Such change in tax residency status must be declared to SARS as there may be consequential tax implications. This session covers the anticipated changes in the emigration rules, and how SARS plans on treating residency for tax purposes going forward. This session will cover the main requirements for tax residency, as well as the impact on taxpayers already living abroad, working abroad or planning to do so in future.



Topics Discussed:

Residency and Gross Income
Tax Compliance
Gross Income definition Resident vs nonresident.
Residence – Physical Presence test (where do you call home?)
Other factors to consider
Change in residence
Section 9H deemed disposal
CGT implications and SARS processes
On the way out – what to remember
Letting SARS know that you have left.
Deregistering at SARS


All Included:

Video presented course
Downloadable course material
Certificate of training
SAIT Accredited – 4 Verifiable CPD Points