Question
What is ordinary residence in south africa according to taxation
Answers
GPT 3.5
In South Africa, ordinary residence for taxation purposes refers to the status of an individual who is considered a tax resident in the country. An individual is deemed to be ordinarily resident in South Africa if their usual or principal place of residence is in the country, or if they are physically present in the country for at least 91 days in each of the current tax year and the preceding five tax years, and for a total of 915 days in those five years.
Residents of South Africa are subject to tax on their worldwide income, while non-residents are only taxed on income derived from South African sources. Individuals who are considered ordinarily resident in South Africa must declare their worldwide income and pay tax on it, while those who are not ordinarily resident only need to declare and pay tax on income earned within the country.
Residents of South Africa are subject to tax on their worldwide income, while non-residents are only taxed on income derived from South African sources. Individuals who are considered ordinarily resident in South Africa must declare their worldwide income and pay tax on it, while those who are not ordinarily resident only need to declare and pay tax on income earned within the country.