The Tax Consulting Podcast

SARS is coming after YOUR foreign retirement funds

TAX CONSULTING SA

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Could your foreign retirement funds soon be taxed in South Africa? 
 
In this discussion, Delano Abdoll (Legal Manager: Cross-Border Taxation) and John-Paul Fraser (Team Lead: Cross-Border Taxation) unpack how SARS’ proposed removal of the foreign pension exemption could affect expatriates, returning residents, and high-net-worth individuals with offshore retirement funds. From Double Taxation Agreements (DTAs) to the two-pot system, they reveal the risks, timelines, and urgent planning steps every client and practitioner must understand. 

Topics: 

00:00 - Intro 
01:26 – The Removal of Foreign Pension Fund Exemptions 
03:27 – South Africa’s Deficit and the Push to Increase Tax Collection 
05:25 – Tax Residency Rules and the Impact on Foreign Pensions 
08:22 – Public Comment Period Closing 12 September 2025 
17:36 – Practical Advice for Taxpayers and Retirement Planning 
 
#SARS #DoubleTaxation #TLAB2025

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