Five Mistakes to Avoid When Investing Offshore

14 January 2021
“An investment in knowledge pays the best interest” (Benjamin Franklin) It can be tempting to look at South Africa and the bad news that seems to hit us like freight trains one after another, and immediately consider moving all your money offshore. There is however far more to consider than... more

A Remote Working Danger: Independent Contractor or Employee?

12 December 2020
The prevalence of remote working since the start of the national lockdown in March has brought to the fore the need to distinguish between an employee and an independent contractor. This topic has both labour and tax law implications. Anli Bezuidenhout, a Cliffe Dekker Hofmeyr employment lawyer, said during an... more

Employees Working Abroad: How to Avoid Double Tax

12 December 2020
"Every advantage has its tax." (Ralph Waldo Emerson) The purpose of the foreign remuneration exemption, which was introduced in 2000, is to provide relief from any possible double tax that may arise where both South Africa and the foreign country taxes the same income derived from employment, according to a... more

6 Tips for Getting the Most from Your Tax-Free Savings Account

09 December 2020
“He said that there was death and taxes, and taxes was worse, because at least death didn’t happen to you every year.” (Terry Pratchett, Reaper Man) Tax-free savings accounts (TFSAs) have been around for just over five years, and yet many people still do not know about them, are unfamiliar with... more

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