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TaxTim says: 5 September 2013 at 0:33 Where were you born and spent the majority of your life? Furthermore where is it that you consider your home? |
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Swen says: 5 September 2013 at 11:59 Hi Tim I was born in SA and this is home. The employer has now said I will need to contract to them for a set rate to make it easier for them to pay me so I will receive pounds in my UK account untaxed |
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TaxTim says: 6 September 2013 at 11:30 You would need to make application to the Reserve Bank to keep your earnings overseas, but given that you are a South African and live and work in SA, regardless of where the income comes from, you will still need to pay tax on the amount earned. Ordinarily South African's need to repatriate income within 30 days and if you are paid in a foreign currency SARS have special rates which you would convert at for income tax purposes. To answer your question, all expenses related to earning that income can be deducted against the income earned to reduce the tax payable, but yes tax would be paid on the income earned. |
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