Send us a textEarning extra income in South Africa? You might be risking more than you think. Whether you are working a second job, earning freelance income, or picking up part-time work in retirement, SARS wants its share, and it has the tools to get it. In this CapeTalk interview, Nicolas Botha, Tax Compliance Manager at Tax Consulting South Africa, explains how to stay on the right side of the law when juggling multiple income streams. If your side hustle is serious, your tax plan should be too. Visit our website before SARS visits you: https://bit.ly/44meTnCKey Topics Covered: 00:00 - Introduction 00:20 - Why more South Africans are turning to side hustles 01:00 - How SARS taxes extra income and freelance gigs 02:16 - Declaring cash income and common mistakes to avoid 04:00 - What retirees need to know about post-retirement jobs 07:08 - Should you register a business for your side hustle? #SideHustleTax #SARSCompliance #TaxTipsSASupport the show
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SARS' R2.3 Trillion Revenue Collection: What It Means for South African Taxpayers | Jashwin Baijoo
Send us a textIn this interview with Radio 786, Jashwin Baijoo (Associate Director and Head of Strategic Engagement and Compliance) at Tax Consulting South Africa, unpacks SARS’ record R2.3 trillion revenue collection. Key topics include: How SARS' modernisation strategy, driven by AI and automation, has improved efficiency. The role of the Compliance Programme in identifying and acting on deliberate non-compliance. The VAT increase, and how SARS is protecting against revenue leakage through audits and verification. Relief mechanisms available for financially distressed taxpayers. Why enhanced collection capabilities may be more effective than blanket tax hikes. For more information, read the full article: https://bit.ly/3Y0dgZv #SARS #TaxCompliance #SouthAfricanTax #RevenueCollection #VAT #Radio786 #TaxConsultingSupport the show
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New Tax Directive to Impact Expats’ Retirement | Moneyweb | Shuanita de Wet
Send us a textAre you a South African expat planning to access your retirement funds? Watch this @MoneywebHoldings interview before you make your next move. Retirement and Pension Fund Specialist Shuanita de Wet from Tax Consulting SA explains the game-changing SARS directive that came into effect on 11 April 2025. With "emigration withdrawal" now phased out, expats must comply with the new “cessation of residency” process—or risk delays, rejections, and tax exposure. Topics Covered: 00:45 – Why SARS replaced “emigration withdrawal” with “cessation of residency” 02:04 – New tax directive process and what changes on 11 April 2025 03:30 – Which retirement funds and annuities are affected 04:56 – Risks of non-compliance and SARS’s use of AI for enforcement 06:35 – How to stay compliant: the role of tax diagnostics and professional advice Visit Tax Consulting South Africa for more guidance and expert insights: https://bit.ly/4jAU9xs #SARS #TaxDirectives #SouthAfricanExpats #RetirementFunds #TaxResidency #FinancialPlanning #TaxCompliance #ExpatTax #TaxConsultingSA #SAfm #ShuanitaDeWet #SouthAfricaFinance #CrossBorderTax #EmigrationSupport the show
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SARS' R2.3 Trillion Revenue Collection: What It Means for South African Taxpayers | Jashwin Baijoo
Send us a textIn this interview with Radio 786, Jashwin Baijoo (Associate Director and Head of Strategic Engagement and Compliance) at Tax Consulting South Africa, unpacks SARS’ record R2.3 trillion revenue collection. Key topics include: - How SARS' modernisation strategy, driven by AI and automation, has improved efficiency. - The role of the Compliance Programme in identifying and acting on deliberate non-compliance. - The VAT increase, and how SARS is protecting against revenue leakage through audits and verification. - Relief mechanisms available for financially distressed taxpayers. - Why enhanced collection capabilities may be more effective than blanket tax hikes. For more information, read the full article: https://bit.ly/3Y0dgZv #SARS #TaxCompliance #SouthAfricanTax #RevenueCollection #VAT #Radio786 #TaxConsultingSupport the show
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Exchange Control Compliance is Crucial When Transferring Funds Abroad
Send us a textSouth African exchange control regulations have become stricter, especially for high-net-worth individuals (HNWI) and expats moving large sums abroad. In this episode, Richan Schwellnus (Tax Attorney and General Tax Practitioner) and Michelle Phillips (Tax Attorney) provide clear guidance on how to approach international transfers in line with SARS and Reserve Bank requirements. Topics: 00:00 – Why exchange control compliance matters now more than ever 03:07 – What is Financial Emigration and its impact on your banking04:04 – Understanding AIT (Approval for International Transfer) and what SARS looks for 06:11 – How long does it take to get approval to move funds offshore? Subscribe for more expert insight, comment with your questions, share this episode with your network, and visit our website for tailored guidance on exchange control and tax compliance. https://bit.ly/4iT5eKb #ExchangeControl #FinancialEmigration #TaxResidency #AITApproval #HighNetWorth #SouthAfricanExpats #OffshoreFunds #SARSCompliance #CrossBorderTax #TaxConsultingSupport the show
Welcome to the Tax Consulting Podcast, your trusted source for expert insights into South African tax matters. Featuring a range of specialists from various departments across Tax Consulting South Africa, including legal, tax, and accounting professionals, each episode offers in-depth discussions on key topics such as expatriate tax, tax residency, SARS updates, compliance strategies, and more. Whether you are an affluent individual, expatriate, or business, our podcast provides the knowledge and guidance needed to confidently manage your tax obligations, mitigate risks, and maximise opportunities.
South Africa