Your offshore allowance has increased to R2 million
The South African Reserve Bank has increased the Single Discretionary Allowance (SDA) from R1 million to R2 million per calendar year.
This means you can now transfer up to R2 million offshore each year without needing prior tax clearance (if you’re a South African tax resident in good standing).
May 2025 – We’ve added new instruments!
As part of our promise for continued optimisation and improvement, we have recently added the following instruments that can now be traded on Clarity: For a full list of available instruments, click here. Crocs Inc Monolithic Power Systems Adtalem Global Education Inc Keurig Dr Pepper Inc Direxion Daily FTSE China Bull 3X Shares UniCredit SpA […]