Saffers to loose SA tax exemption status
Just a heads up for all the South Africans in the Middle East. As part of the 2017 budget, the SA treasury is targeting expats living abroad that in the past have been tax exempt. The new draft legislation is mainly applicable to expats in this region, as it applies to expat earnings abroad in countries where there is no income tax.
This is not a joke. You can verify it by going to the treasury website and selecting the tab Budget 2017. You will find the explanation there under the amendments.