South African petition against change to foreign employment income earned tax laws.
0 have signed. Let’s get to 15,000!
Draft of Bill on proposed repeal of the South African tax law ,exemption on income tax from foreign employment income - Section 10(1)(o)(ii) Act, No 58 of 1962 ,on South Africans working abroad will have serious unintended consequences, both for South Africans working abroad, as well as on their contribution to the South African economy. We seek to petition National Treasury, both from policy as well as legislative drafting perspectives, that any law change should be undertaken with caution and on a properly informed basis. By seeking to understand any policy changes underpinning this proposed tax law amendment, we wish to actively engage with the National Treasury.
This tax will have a direct impact on any South African working in a tax-free location, including UAE, Oman, Bahrain, Qatar, Saudi Arabia, Kuwait, Bermuda, Cayman Islands, The Bahamas and Brunei and those working in all countries where lower taxes are paid in comparison to South African tax scales. Furthermore, the adversely affected will include international airline pilots and related trades, where they are based outside South Africa in a foreign location but do not pay taxes in their host countries due to services performed outside the host country, offshore workers such as oil rig workers, engineers and other highly specialized skilled workers working on special tax-free designated construction projects or well-fare projects, seafarers, workers on passenger vehicles and any other trade where income tax is not legally paid on their employment services in the host country.
The petition letter can be read below and will be formally submitted to National Treasury.
Today: Barry is counting on you
Barry Pretorius needs your help with “South African Revenue Service: South African petition against changes by the national treasury on Section 10(1)(o)(ii) of the tax law.”. Join Barry and 13,218 supporters today.