n Tax Breaks Newsletter - How will this change affect South African owners of property in the UK? : international tax
|Article Title||How will this change affect South African owners of property in the UK? : international tax|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Tax Breaks Newsletter|
|Publication Date||Feb 2014|
Taxpayers who are considered to be 'residents' for purposes of taxation in South Africa may react to the news of the UK wanting to impose CGT on non-resident property owners may initially react with little more than a shrug. After all, South Africans are taxed on their worldwide income in any event, and this includes capital gains.
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