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COVID-19

Amended lockdown regulations

  1. All visits by members of the public to any correctional facility are suspended.

     

  2. Restaurants remain closed.

     

  3. Supermarkets, grocery stores and wholesale produce markets remain open to sell essential goods.

     

  4. The transport of alcohol is not allowed, except where required to produce essential products such as hand sanitizer, disinfectants and soap.

     

  5. Essential goods now include hardware, components and supplies needed by tradespeople for emergency repairs at homes or for any project related to the provision of water, electricity and other essential services.

     

  6. Trades necessary for emergency automobile repairs are considered as an essential service if they involve vehicles used by persons engaged in an essential service.

     

  7. Trades necessary to render emergency repair work now include locksmiths, roof repairers, plumbers and electricians.

     

  8. Children may be moved between co-holders of parental responsibilities and rights where certain conditions are met.

     

  9. A broader range of call centers may operate as an essential service. For example to provide debt restructuring and short-term insurance.

     

  10. Cargo currently at ports may be exported.

     

  11. Mines are permitted to resume operations up to 50% of normal production, subject to strict preventative health and transportation regulations.

     

  12. All evictions from places of residence are prohibited.    

 

This is a summary of the complete, amended regulations and does not constitute legal advice.  Contact Donald Fischer in our Litigation and Dispute Resolution department should you require assistance: donaldf@vdt.co.za

April 19, 2020
Navigating financial emigration

Navigating financial emigration

by | Apr 16, 2025 | , , , ,

In recent years, South Africa has seen a notable rise in financial emigration. This shift comes with significant tax implications, as individuals who cease to be tax residents must navigate complex regulations and financial considerations. Understanding these implications is crucial for anyone considering this move. Financial emigration refers to the formal process by which South African taxpayers alter their tax residency status, change their status with the South African Reserve Bank (SARB) for exchange control purposes and relocate their financial assets to other countries. This often involves transferring wealth, investments, and retirement funds offshore. The South African Revenue Services now mainly oversees this process, allowing individuals to terminate their tax residency in South Africa while effectively transferring their finances overseas.

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