March is ‘D-Day’ for emigrating South Africans and expats

Government recently announced that the foreign earnings exemption for South Africans working overseas will be relaxed to take into account the South African lockdown rules.

However, cross-border workers who stayed in South Africa during the lockdown, may still find themselves paying a heavy tax price, says Aneria Bouwer, partner at law firm Bowmans.

In the worst-case scenario, some might have to fight a double-tax battle if the lockdown period prevented them from working offshore, she said.

She added that those at the greatest risk of a tax shock are people who continued earning an income…

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