National Treasury – SARS Requested Feedback
Please note this response will be treated with strict confidentiality and legal privilege applies. Only summary information will be shared with National Treasury and no individual particulars.
1.
Your E-mail Address (suggested, not required)
*
2.
What is the current effective (average) tax rate you are paying?
(Required.)
0%
Less than 5%
Less than 15%
Less than 25%
Less than 35%
Less than 45%
Above 45%
*
3.
What is the top tax rate you are paying?
(Required.)
0%
Less than 5%
Less than 15%
Less than 25%
Less than 35%
Less than 45%
Above 45%
*
4.
National Treasury / SARS is not comfortable with the days in South Africa and asked our thoughts on what we can shift this to, in order to still qualify for tax exemption. Based on your days back in South Africa, how many days would you normally spend per year in South Africa?
(Required.)
Less than 30 days (thus more than 335 days outside)
Less than 60 days (thus more than 305 days outside)
Less than 90 days (thus more than 275 days outside)
Less than 120 days (thus more than 245 days outside)
Less than 150 days (thus more than 215 days outside)
*
5.
They are considering exempting the initial amount of earnings (employment income) and please give rough indication of your employment income per 12 months earned outside:
(Required.)
Below R500,000
R500,000 to R1m
R1m to R1,5m
R1,5m to R2,5m
Above R2,5m
*
6.
Are you under fixed term contract and where the remuneration and contract decision was based on the tax exemption (both Parliament and National Treasury are concerned this may upset existing pre-set corporate plans).
(Required.)
Yes
No
*
7.
Are you paying any social security taxes in the country where you work.
(Required.)
Yes
No
8.
List other taxes you are paying and rate (VAT – UAE proposes 5%, Sales tax, fuel levies, expatriate taxes and levies etc.)
*
9.
Will you be considering financial emigration if this new legislation is passed?
(Required.)
Yes
No