worldwide assets
Taxpayers are required to declare their worldwide foreign income sourced from a foreign employer while working in South Africa and/or abroad, and, to facilitate this, SARS has included three new fields for foreign earners.
Probate is a procedure whereby your South African-drafted Will is approved by the foreign legal authority as valid so that your foreign assets can be administered, although keep in mind that obtaining a probate order may delay the winding up
When calculating your shipping costs, you will need to be bear in mind that your goods may need to spend some time in storage before leaving South Africa and again on the other side and these storage costs should be
Even a seemingly insignificant oversight can change the meaning of your Will entirely and lead to unintended consequences.
