Emigration Tax? ANC Regime to Charge Emigrating South Africans an Additional “Exit Tax” on Retirement Funds!
In the National Treasury’s latest published Draft Tax Bills, which incorporates the tax proposals made in the 2021 Budget, the amendment proposes a particularly worrying amendment which may upend taxpayers’ carefully planned retirement. The Draft Taxation Laws Amendment Bill (TLAB) proposes an additional “exit tax” to tax retirement fund interests of individuals when they cease South African tax residency. This proposed amendment, due to come into operation on 1 March 2022, would be a further blow to emigrating South Africans wanting to cease their tax residency, following on from the three-year lock-in rule imposed on retirement annuities earlier this year.
VIDEO: Cuba Dysfunctional But SA Imports Cuban Engineers? It is Just Money Laundering! Should SA Send Solidarity’s 120 Engineers to Cuba?
South Africans know that Cuban Doctors and Engineers are just a money laundering scheme where our taxpayers’ money is given directly to the Castro regime in Cuba. As former US Director of the Central Intelligence Agency (CIA) and Secretary of State, Mike Pompeo mentioned last year, Cuban doctors and engineers receive only 10% of the money from the Cuban regime. Furthermore, Old Havana may be a popular place for tourists visiting Cuba, but it is also a place where residents experience water shortages daily. Solidarity has meanwhile sent a list of more than 120 unemployed yet capable and willing South African engineers to Minister Lindiwe Sisulu.
VIDEO: Why Whites Should NEVER Trust Politicians Again! They All LIED Except for PW Botha Whose Prediction Came True!
A Nation Conquered by ONE Word! These are the blatant, globalist paid for lies which enabled the ANC’s, terrorist driven, violent coup d’etat of 1994, where they not only annexed a dozen self governing nations in one foul swoop, but before, during and after the coup, white South Africans and their society were, and still are, literally terrorized, ransacked, raped and murdered in staggering numbers. The terrorism, violence and the lies from within the captured white government, created an abnormal regime, in which these horrific attacks are hidden and even justified by the veil of false political correctness, which was given to the bantu by the liberal Global World Order and Communism’s Politically Correct “anti-racism” weapon. As a result, bantu captured a first world country, way beyond their means and ability to create, never mind manage, just as PW Botha predicted.
US President Trump signed anti-genocide act into law and is committed to send in Marines as a matter of national security interest – ANC & EFF you will soon be sorry for openly challenging him!
Trump has signed the anti genocide act into law on Monday, 14 January 2019! “U.S. President Donald Trump on Monday signed new bipartisan legislation committing the United States to preventing genocide.”
New stats show a few South Africans trying to emigrate to liberal New Zealand as refugees, and failing! However many succeed as students & residents
New statistics published by New Zealand Immigration shows how South Africans have been trying to emigrate to the country using refugee status, and failing.
South Africa’s Ambassador to Italy, “untouchable” Shirish Soni, recalled over misrepresentation of qualifications & financial irregularities
South African ambassador to Italy, Shirish Soni, was recalled after being found guilty of financial irregularities and misrepresentation of academic qualifications.
24 Weird Things About South Africa according to a Canadian Expatriate living in SA
I’ve lived in South Africa for three years now, and if there’s one thing I’ve learned, it’s that while I love it here, I’ll never fully understand this place. Without further ado, here are 24 weird things about South Africa… writes Canadian expat, living in SA,
South Africa is nothing like Australia, New Zealand or Canada – the number living in poverty is considerably higher – 23 million people!
SA has to compare itself with ‘like’ nations to understand its place in the world. When it comes to the economy, many South Africans seem to have a warped measure of where the country fits in among other nations and needs to keep in mind South Africa is now an African nation.
ANC-regime needs money! South Africa’s big expat tax is coming – and financial emigration isn’t the quick fix you think it is
While financial emigration may be a viable option for a small minority of individuals who will be hit by South Africa’s coming ‘expat tax’, for the majority, it’s likely to be a costly exercise which won’t provide significant tax relief in the long-term. This is according to Ettiene Retief of…