BE A TAX
RESIDENT
emigrating from South Africa
I’d like to discuss my options.
Emigration out of South Africa has become increasingly common in recent years, but physically leaving the country is not always enough to end your South African tax obligations. Unless SARS formally recognises that you have ceased tax residency, you may still be liable for tax on your worldwide income.
Cornerstone can guide you through the process to cease to be a tax resident, helping you understand the requirements, prepare the necessary documentation, and communicate with SARS correctly.
Our experienced team assists individuals who want to cease to be a tax resident of South Africa so that their tax position is handled accurately and in line with SARS requirements. Once you successfully cease to be a tax resident, you should generally only be liable to SARS for tax on South African-sourced income.
With Cornerstone’s professional support, you can approach the process with confidence and clarity, knowing that every step is managed with care.
How can we help you with this process?
Expert guidance:
As tax experts, our deep knowledge of South African tax laws means we can help guide you through the information SARS requires and handle the actual non-residency application process for you. We will also work with you to resolve any follow-up queries SARS may have.
Shorten the process:
Ceasing tax residency involves submitting various forms and supporting documents to SARS. We’ll ensure that all paperwork is correctly completed and submitted, reducing the risk of errors and delays.
Avoid penalties:
As well as helping you avoid being taxed in two places, we can also help you avoid penalties and fines that may result from neglecting your South African tax returns. We ensure SARS is aware of when you no longer need to submit returns on your overseas income, helping to avoid these financial penalties.
Professional representation:
If there are disputes or queries from SARS during the process, a tax expert can represent you, providing professional responses and communicating on your behalf.
Peace of mind:
By knowing a qualified professional is handling the intricacies of your financial emigration, you can focus on other aspects of your move without the added stress of tax compliance issues.
