Results 1 to 4 of 4

Thread: Foreign Income Tax

  1. #1
    Junior Member AndreH's Avatar
    Join Date
    Jan 2013
    Location
    Brackenfell
    Posts
    12
    Thanks
    4
    Thanked 1 Time in 1 Post

    Foreign Income Tax

    Hi Guys
    This Tax Payer ia a SA resident. He only works abroad for a Tanzanian company. He worked abroad for the 2014 year for 244 days - he did his consequtive more than 60 days as well. This foreign company does not deduct any taxes and supplies him only with a payslip and US$ into his bank account.

    According to the Earning Exemption on Foreign Income (Section 10(1) (o) (ii) ) rule
    for or on behalf of any employer
    “any employer” means an employer which could either
    be an employer operating in South Africa, or a nonresident
    employer.

    Does this confirm that this Tax payer must not need to be taxed when filing his return showing his foreign income received ?

  2. #2
    Gold Member
    Join Date
    Mar 2012
    Location
    Vanderbijlpark
    Posts
    886
    Thanks
    83
    Thanked 381 Times in 298 Posts
    Looks to be right.
    He should have the following ready:
    - his employment contract
    - a letter from his employer confirming his place of work and the remuneration paid for the period in that country
    - a schedule of his exit and entry dates, backed by copies of passport showing the exit and entry stamps

  3. #3
    Junior Member AndreH's Avatar
    Join Date
    Jan 2013
    Location
    Brackenfell
    Posts
    12
    Thanks
    4
    Thanked 1 Time in 1 Post
    Hi
    What if this guy who worked abroad more than 183 days but his consequtive 60 days overseas was interrupted by a flight back to OR Thambo for renewal of Visa ?

    His employer confirmed the situation to SARS after we disputed, but SARS aint allowing it ?

  4. #4
    Gold Member
    Join Date
    Mar 2012
    Location
    Vanderbijlpark
    Posts
    886
    Thanks
    83
    Thanked 381 Times in 298 Posts
    They won't allow it, no. That rule is cast in stone

Similar Threads

  1. Tax on foreign income
    By Pillman in forum Tax Forum
    Replies: 10
    Last Post: 13-Aug-14, 08:00 PM
  2. [Question] Foreign Exchange calculation for Foreign Income
    By anakin in forum Tax Forum
    Replies: 8
    Last Post: 31-Jan-13, 01:46 AM
  3. Income tax for foreign owned companies.
    By Ruan in forum Tax Forum
    Replies: 4
    Last Post: 12-Jan-11, 01:58 PM
  4. Replies: 2
    Last Post: 09-Nov-10, 03:49 AM
  5. Foreign income
    By duncan drennan in forum Tax Forum
    Replies: 15
    Last Post: 23-May-08, 08:03 AM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •