Committed to helping individuals navigate the ever-changing tax landscape efficiently.
At SAIL International, we take the time to understand your circumstances, priorities and future plans, developing tailored tax strategies that help you manage your obligations and make the most of your money.
From identifying tax-efficient investment opportunities and maximising available reliefs to planning for major life changes and international moves, we help you understand your options, manage your tax exposure and stay compliant with relevant regulations.
Make informed decisions
about your tax.
Identify opportunities for
tax efficiency.
Meet your tax obligations
with confidence.
You’ve landed a new job, invested in property, received an inheritance, started earning abroad or are planning for retirement. Each brings exciting opportunities — but have you considered the tax implications?
Whether your life and finances are rooted in one country or span several,
the right tax planning can make all the difference.
SAIL Success Story: R10 Million Recovered
For one former South African tax resident now living in the UK, the right advice from SAIL International helped secure a R10 million refund from SARS following a R28 million retirement annuity withdrawal.
When your financial affairs span more than one country, understanding where you should be taxed can make a significant difference to your financial position.
The client, who was a UK tax resident, withdrew R28 million from a South African retirement annuity. Approximately R10 million was withheld in South African tax.
Cross-border tax matters are rarely straightforward. Tax residency, the nature of the income and the provisions of an applicable double taxation agreement can all influence how a transaction should be treated.
SAIL International’s Global Tax specialists undertook a review of the client’s tax position. This included obtaining a UK tax residency certificate from HMRC and liaising with the fund administrator and SARS to address the tax treatment of the withdrawal.
SAIL helped challenge the tax withheld and pursue the appropriate outcome.
This case illustrates how specialist tax advice can have a material financial impact. It also highlights why international tax matters deserve careful consideration before and after a significant financial transaction, particularly when retirement funds, investments or income are connected to more than one country.
If you are living overseas but retain retirement funds, investments, property or other financial interests in your home or another country, your tax residency and the interaction between different countries’ tax rules may have important implications.
Understanding your position before making a major withdrawal or financial decision can help you identify potential tax exposure, assess whether treaty relief may be available and make more informed decisions about your money.
The right tax advice is more than compliance. It is about protecting your financial interests and making informed decisions that could make a meaningful difference to your future.
We will listen to what you need, offer some initial insight and see how SAIL could help.