Tag: offshore income

For many South Africans living and working in the Gulf, including Dubai, Abu Dhabi, Doha and Riyadh, earning a living in the Region can be a transformative experience. Salaries arrive without Pay As You Earn (PAYE) deductions or Unemployment Insurance Fund (UIF) contributions. In most Gulf Cooperation Council countries, workers also pay no personal income tax.

Post-COVID-19 economic resurgence saw an increase in international work opportunities. With skills in hand, many South African professionals have become sought-after in other countries. As a result, their finances and subsequent taxation have come under scrutiny. However, along with the awareness of tax complications, another threat has emerged.