Many clients will prefer to submit their own FIA Applications instead of paying an accountant to do it for them. We don't recommend this as tax practitioners are generally better at communicating with SARS and providing them with what they requests. However, if you wish to do it yourself, you can follow this guide.
Yes we do!
As part of our FIA Application Tool, Koinexpert offers FREE TCS application submissions to SARS via our Tax Practitioner partners, if the following conditions are met:
Applying for a TCS Pin can be a cumbersome task which is why we created an easy-to-use FIA Application Tool to assist.
In order to make use of the FIA Application Tool the user is required to:
As part of our FIA Application Tool, Koinexpert offer...
South African citizens are allowed R1 million as SDA (Single Discretionary Allowance) and a further R10 million as FIA (Foreign Investment Allowance) per calendar year. An SDA is immediately available to any tax compliant citizen but one must apply for a Tax Compliance Status (TCS) pin in order to make use of an annual FIA.
Requirements to apply: