Why is Sars coming after emigrants’ retirement funds?
May 14, 2021
3 minutes
By Bobby Wessels
in 2017, more than 7 300 South Africans emigrated to the United Kingdom (UK). Currently there are more than 250 000 South Africans living in the UK and this number seems to be increasing. The proposed amendments to the withdrawal of retirement interest when an individual ceases to be a tax resident will directly affect those South Africans that are planning to move to the UK as well as those that have recently done so.
These amendments have been proposed due
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