Understanding Residency in Terms of Tax
07 August 2025, Maritza du Preez
When earning an income in South Africa, you are probably paying tax. The Income Tax Act 58 of 1962 (“the... Act”) describes gross income as:“(i) in the case of any resident, the total amount, in cash or otherwise, received by or accrued to or in favour of such resident; or(ii) in the case of any person other than a resident, the total amount, in cash or otherwise, received by or accrued to or in favour of such person from a source within the Republic, during such year or period of assessment, excluding receipts or accruals of a capital nature…”