South African Treasury takes aim at expats
In this years budget, Minister Pravin Gordhan announced a number of changes designed to cover a R30 million income tax deficit caused by amongst other factors, slower growth in wages and employment.
One such proposed change was the introduction of a worldwide income tax for South African nationals working in a foreign country and earning over R1m where they aren't taxed locally.
Thousands of South African expats around the globe are now asking the question;
What does this mean for me?
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