South African Tax: FOREIGN EMPLOYMENT INCOME

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FOREIGN EMPLOYMENT INCOME: As from 1 March 2020, foreign employment income not exceeding R1,25 million is exempt from income tax in South Africa, provided the person spends more than 183 days of which at least 60 days is continuous, outside South Africa in any 12 month period commencing or ending during that tax year. Prior to 1 March 2020, foreign employment income was fully exempt provided the same days requirement was met. #foreignincome#tax #doubletaxagreements #taxsaving #section6quat #sars #taxexempt
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I forgot why i watched the video lol, you mesmerized me. I love the way you speak !

JustinTheBroskie
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What does this mean? Please, I know nothing. I don't want to pay tax twice. Especially not pay tax in south africa where it will just get stolen. I work hard for my salary.

cg
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Thank you. Your videos are very helpful. By the way how are you taxed when you get dividends from an offshore company that you own. Assuming that you still spend 183 or more days outside of the country

relebohilentsoereng