Month: July 2019

MEMORANDUM OF OPINION: TAX RESIDENCY BETWEEN SA AND FRANCE FOR A PROFESSIONAL RUGBY PLAYER

We herewith provide you with our Memorandum of Opinion with regards to a South African citizen working abroad and the dual tax residency test in South Africa and France. THE FACTS Mr. x moved to France in June 2019 on permanent employment. Mr. x will keep his residential property in the RSA while he will …

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Standardised Umbrella fund costs are here – no more comparing apples with oranges.

The new ASISA Retirement Savings Cost (RSC) Disclosure Standard comes into effect from 1 September 2019. The Standard will require umbrella retirement funds to present all their costs in a standardised manner. Advisers and employers can now compare like for like when considering quotations from different funds. At Bovest we believe this is a very …

Standardised Umbrella fund costs are here – no more comparing apples with oranges. Read More »