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Guest House Insurance

As South Africa's largest Guesthouse Insurance Brokers you can be assured of the best rates, best service and expert advice.
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Medical Aid

Medical aid can be a complex and daunting subject. Let our experts guide you through the labyrinth of choices and find the right medical aid for your needs.
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Cash Account

Incompass offers a fully managed and service driven cash account supplying competitive rates of interest with the additional benefit of personal banking facilities.
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Tax Health Check

There are a lot of things that need to be organized and done if you are in the process of moving to South Africa. One matter that should get your attention sooner rather then later is your tax situation.
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Exchange Control

Most people in South Africa will be aware of exchange control regulations, although many are not always sure exactly what impact these have on them or what their options are in terms of dealing with them.
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Tax Health Check South Africa

Tax Health Check – South Africa

Tax Health Check – South Africa

There are a lot of things that need to be organized and done if you are in the process of moving to South Africa. One matter that should get your attention sooner rather then later is your tax situation.

To make this as easy and straight-forward for you as we can, Incompass has developed an International Tax Health Check which will guide you through the issues that now face you.

The Tax Health Check explains in detail and plain English how your tax situation will look like after your relocation. It is tailored to your specific circumstances and addresses the new issues you are facing.

The Tax Health Check explains the legal consequences of the double tax treaty between your home country and South Africa and its impact on your specific situation. It informs you which tax has to be paid in which country from now on.

It not only addresses your income tax situation, but also the change in your capital gains tax and inheritance tax status.

You will get all the required information on implementing the advice provided. For example, which forms have to be completed and submitted and what other actions you might have to take. We even provide you with all necessary forms and paperwork that you need.

Other information in the Tax Health Check includes:

  • Establishing non residency in your home country
  • Income Tax, Capital Gains Tax and Inheritance Tax
  • National Insurance in Home country
  • Can you keep contributing? What is going to happen to the money you paid in already
  • Income source and tax implication
  • What will happen to your rental income, dividends, interest, pension, business income etc in the future, Where will you pay tax, which country needs to know about this income
  • Ongoing tax in home country
  • What needs to be done in home country still?
  • Existing investments/ tax changes
  • Is your investment still tax beneficial?
  • Exchange Control
  • Tailored to your situation, what do you need to know and do to make sure you can take your money out of South Africa again at a later stage?
  • Offshore benefits
  • Does it make sense to invest offshore?
  • Tax system in SA
  • All information you need on Income Tax, Capital Gains Tax, Inheritance Tax in SA
  • Registration for Income tax in SA
  • Information on annual tax return
  • Opportunities and Threats you might face

Contact us for more information about the Tax Health Check South Africa.

At Incompass Financial Services we believe that quality service starts from your very point of contact with us. To this end we endeavour to answer all enquiries and e-mails within 24 hours.

In the event your enquiry is of an urgent nature please feel free to telephone us.

“We look forward to being of assistance to you.”

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