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SARS warning for wealthy taxpayers leaving South Africa

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POWER Business is on every week with Nosipho Radebe, offering a wrap-up of the day’s business news, analysis of market trends and advice on all money- 
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Leaving South Africa physically is no longer enough to escape the reach of the South African Revenue Service (SARS). According to experts John-Paul Fraser and Vivian Cox from Tax Consulting South Africa, high-net-worth individuals who attempt a "silent exit"—relocating offshore without formally ending their tax residency—face significant financial risks. Tehillah Niselow spoke to Thomas Lobban MD at Ibex Consulting.

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