A Fin24 reader who is concerned about her son wants to know if it would be best for him to financially emigrate to the UK. She writes:My 28-year-old son, a South African citizen, is employed as a civil engineer in the UK, where he has permanent residency. Because he lives in the UK on a permanent basis, he is deemed a tax resident in the UK and will only be liable for tax in South Africa based on his SA-generated income, i.e. Being a UK tax resident also exempts him from "expat tax" in SA. The tiebreaker clause within the double tax agreement between SA and the UK will, however, apply and because his centre of vital interest is in the UK, the UK will deem him an exclusive tax resident.

Source: News 24 July 21, 2021 04:52 UTC