Africa
South African tax amnesty on undeclared offshore assets flops
Just a few hundred South African taxpayers have taken advantage of the country’s special voluntary disclosure programme (SVDP) which is due to end on the 31 August.
Repealing South African expat tax not ‘crazy’ says tax chief
A plan to scrap an exemption on taxing foreign employment income is not a “crazy proposal” when compared with other jurisdictions, the head of tax and financial sector policy at South Africa’s National Treasury has said.
Clock ticking for South African tax amnesty
Taxpayers in South Africa have less than a month to come clean and regularise any undisclosed or unauthorised foreign assets or income before the country’s Special Voluntary Disclosure Programme (SVDP) ends on 31 August.
Top destinations for sun-seeking British expats
Summer in the UK this year has been a brief affair, so it comes as no surprise that nearly two-thirds of British expats think about the weather when planning their moves abroad. But sunshine isn’t the only factor prospective expats should consider.
Liquidators label collapsed Louis Group ‘worthless’
Liquidators for collapsed Isle of Man-based property investment firm Louis Group have said that, following legal advice, they will not pursue claims against Louis Group IoM’s insurers, its parent company in South Africa or founder Alan Louis, reports local newspaper IOM Today.