The Tax Faculty LLP’s Post

Do you know how to avoid double taxation on your income and assets? If you are a South African tax resident and reside abroad, you may be subject to tax in both South Africa and the country where you earn income or hold assets. This can result in a significant tax burden and reduce your financial net worth. Whether you need to end your tax residency, claim foreign tax credits, manage your expatriate payroll, or deal with DTA relief claims, our highly specialised tax attorneys can assist by providing you with a tailored end-to-end tax solution. Get in touch with us today! https://bit.ly/47SrC0Q #DTA #TaxResidency #TaxCompliance #DoubleTax

South African Revenue Service (SARS) has announced more changes for #TaxSeason2024. These include the #incometax form for #expat foreign employment income exemptions and how to handle #retirementfund deductions & tax-free investment limits for those whose tax year is under 12 months, among other tweaks. Comments from Roxanna Naidoo of Tax Consulting South Africa. #Sars #tax #taxplanning #taxnews #FinanceNews https://lnkd.in/d38959vy

Understanding Section 216 Tax Essential for non-residents earning rental income in Canada. Discover how it affects your tax obligations and learn how to navigate the process seamlessly. Call: 416-283-8774 Visit: https://lnkd.in/gwyGhFn #Section216Tax #NonResidentTax #Taxation #TaxCompliance #InvestingInCanada #TheAccountingandTax

With expert insights and practical advice, we help you understand the tax implications of emigration and minimise your tax liabilities. Don't overlook the complexities of expat taxation - read our blog post and plan your financial future with confidence! https://lnkd.in/dGbXq3M6 0861 528 482 info@latitaafrica.com #TaxAdvice #LatitaAfrica

Do not miss out on our upcoming webinar, "Ceasing of South African Tax Residency – A Back-to-Basics Approach". This informative session will take place on 10 August 2024 at 10:00 AM and will provide foundational knowledge on understanding the complexities of South African tax residency. Learn about recent changes in expatriate tax, tax residency certificates, and money remittance strategies. Register now: https://bit.ly/3SA5B11 #ExpatTax #SARS #TaxResidency #FinancialEmigration

Do not miss out on our upcoming webinar, "Ceasing of South African Tax Residency – A Back-to-Basics Approach". This informative session will take place on 10 August 2024 at 10:00 AM and will provide foundational knowledge on understanding the complexities of South African tax residency. Learn about recent changes in expatriate tax, tax residency certificates, and money remittance strategies. Register now: https://bit.ly/3SA5B11 #ExpatTax #SARS #TaxResidency #FinancialEmigration

Do not miss out on our upcoming webinar, "Ceasing of South African Tax Residency – A Back-to-Basics Approach". This informative session will take place on 10 August 2024 at 10:00 AM and will provide foundational knowledge on understanding the complexities of South African tax residency. Learn about recent changes in expatriate tax, tax residency certificates, and money remittance strategies. Register now: https://bit.ly/3SA5B11 #ExpatTax #SARS #TaxResidency #FinancialEmigration

Unveiling the New Edition: Notes on South African Income Tax 2024 In our industry, the norm is often to remain composed and measured in our reactions. However, when the latest hardcopy of "Notes on South African Income Tax 2024" arrives, it's impossible not to share our excitement! 🎉 This comprehensive guide is essential for staying updated with the latest tax regulations and strategies in South Africa. It's more than just a book—it's an indispensable tool for professionals dedicated to excellence in the field of taxation. #silkefs #wealthcare

💡 Tax Tip for Expatriates 💡 Maximize your tax savings! Utilize the Foreign Earned Income Exclusion (FEIE) to potentially reduce your US taxable income if you live abroad. This valuable exclusion can save you thousands of dollars each year. Why take advantage of the FEIE? 🔹 Significant Tax Savings: Reduce your taxable income by excluding up to $108,700 (for 2021) of foreign-earned income. 🔹 Simplify Your Tax Filing: Streamline your US tax obligations while living overseas. 🔹 Peace of Mind: Ensure compliance with US tax laws and avoid potential penalties. 💼 Need Expert Help? Our team specializes in expatriate tax services. Contact us today to see how we can help you maximize your tax benefits. #TaxTip #ExpatriateTax #USUKTax #TaxSavings #FEIE

My backstage interview 🎥 for IN Business News TV, in addition to last week's video 📺 where I had the opportunity to talk at the "Tax Reform in Cyprus, Greece's Experience & Global Trends" conference 🌐. During this event, I offered my perspective on maintaining Cyprus's competitive edge in the evolving landscape of international taxation, particularly in the era of BEPS 1.0 and 2.0.💼📈. 👉Studies have shown that the corporate income tax is the most harmful tax for economic growth 🔗👇 https://lnkd.in/d3CmY9ac 👉Studies are now confirming the benefits of reducing the corporate income tax, finding the TCJA’s corporate tax reforms significantly boosted domestic investment 🔗👇 https://lnkd.in/dF2whZmN 👉Raising the Corporate Tax Rate is An Economically Damaging Tax Increase 🔗👇 https://lnkd.in/d2StEQNQ #taxtreaty #corporatetax #taxconsultant #transferpricing #internationaltax #taxand #stitaxand