Nallan Posted October 5, 2016 Report Share Posted October 5, 2016 Hi I've been in Aus for a few yrs and I havent completed any tax returns back in SA. 1. Does one need to fill in a tax return? 2. How exactly does one fill in a blank tax return? 3. I emailed Sars and then said they can deregister me, is this something I should do considering I have property and shares back in SA. The reason - I'm selling my properties in SA and I'm sure I need a tax clearance? Quote Link to comment Share on other sites More sharing options...
SurferMan Posted October 5, 2016 Report Share Posted October 5, 2016 Hi Nallan, Maybe wait till your properties settle and you have paid SARS their dues then apply for a TCC and deregister. Quote Link to comment Share on other sites More sharing options...
Nallan Posted October 5, 2016 Author Report Share Posted October 5, 2016 I still have a lots to tie up in SA , I would like to deregister but its unlikely in the short term . Quote Link to comment Share on other sites More sharing options...
Hugo2 Posted October 5, 2016 Report Share Posted October 5, 2016 5 hours ago, Nallan said: 1. Does one need to fill in a tax return? 2. How exactly does one fill in a blank tax return? 3. I emailed Sars and then said they can deregister me, is this something I should do considering I have property and shares back in SA. 1. SARS issues rules every year. If you on a 457, you have to file a return even if nothing is taxable in SA, you need to file 2. That does not exist. You have to file, show income and claim the exemption and this will result in a nil assessment. No such a thing as a nil return. Even if on PR you have to complete the part where you declare3. you claim ATO status and treaty benefits. If 457 show Oz salary claim 183/60 or treaty tax exemption 3. If you sell for more than R2m per person (house R4m owned 50:50 with spouse thus falls outside) there is a CGT withholding at the lawyer. You need to have a tax number . 4. My suggestion: every year ask for tax goo standing status - it is easy takes 4 seconds on eFile - print screen and keep. If the indicator light is red, file a return and claim the nil taxable position as explained but do not file a NIL return. Empty or nil returns are deemed not filed and no prescription rules apply. If you have rental income on the property it is taxable in SA and taxed by ATO. 2 Quote Link to comment Share on other sites More sharing options...
Nallan Posted October 5, 2016 Author Report Share Posted October 5, 2016 Thanks, managed to figure out the nil empty tax form from an online blog. Quote Link to comment Share on other sites More sharing options...
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