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SARS has announced a key change for the 2025 tax year impacting anyone who has left or may return to South Africa. They are now actively tracking the reinstatement of tax residency, and if you return, you must declare the date your residency resumed. Remember: if you haven't formally ceased tax residency, you are still taxable on your worldwide income. If you have concerns, please get in touch.

Relocating to the UK? Accessing your South African pension lump sum brings unique tax challenges. While the UK-SA Double Taxation Convention aims to prevent double taxation, practical application means SARS may still deduct tax at source. You'll need to understand HMRC's treatment (e.g., the 25% deduction and Money Purchase Annual Allowance). Get the facts to avoid pitfalls and ensure correct reporting.

Domicile is a key concept in UK tax, determining how you're taxed on your worldwide income and gains. But what exactly does it mean, and how does it relate to Foreign Income and Gains (FIG)? Let's break it down...

HMRC increasing foreign income checks, affecting compliant immigrants. UK taxes worldwide income, even if taxed elsewhere. "Nudge letters" can lead to penalties. Act now.

The 'K' code often causes the most confusion. A 'K' code signifies that you have taxable benefits or unpaid tax from previous years

Understanding your tax code is key to ensuring you're paying the correct amount of tax. In this post, we’ll break it down in simple terms.