News
As the year draws to a close and you are still planning to send funds offshore, we would like to take this time to encourage our clients to make use of their full annual offshore allowance limits before they reset in January 2024. Here's all you need to know about using your allowances ahead of the 31 December deadline. South African […]
At CAPTA FX, we are constantly striving to enhance your trading experience and provide you with the best service and solutions in the forex market. For this reason we are thrilled to announce an exciting new addition to our FX team, as well as some new processes and offerings we have recently implemented to our […]
Last week, The South African Revenue Service (SARS) announced some adjustments to its Tax Compliance Status Process for individual taxpayers specifically wanting to make use of their R10 million Foreign Investment Allowances (FIA) to transfer funds offshore. Since the announcement was made, there seems to be some uncertainty from our clients surrounding the changes implemented, however […]
As the year draws to a close we would like to take this time to remind our clients that as a South African resident you only have a few weeks left to make use of your annual offshore allowance limits ahead of the December 2022 deadline. SARS processing times do stagnate towards the end of […]
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