Tim Powell
Director: Forex SA
Tim has 25 years of work experience, including at the likes of Price Waterhouse Coopers, Combined Motor Holdings, BoE, Ernst & Young, JD Edwards in South Africa, Deutsche Bank and 1st Contact Forex in London.
He started an online forex business in London before returning to South Africa. He then joined FX Capital, growing the business to annual trade in excess of R4 billion per annum.
In 2017, FX Capital merged with Sable International and Tim is now the director of Sable International’s South African forex business.
On weekends, Tim enjoys climbing mountains with his wife and two sons.
SARS changes to the tax compliance status process – it's ...
On 24 April 2023, SARS announced changes to its Tax Compliance Status process, with immediate effect. Here’s everything you need to know about...
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A guide to inheritances for South African beneficiaries l...
There are three scenarios in South African exchange control for inheriting from a South African deceased estate if you’re overseas. These scen...
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Ask Tim: Inheriting from South Africa without an SA tax n...
“I left South Africa in 1998 after completing university and my father passed away in 2021, leaving me an inheritance of R1.5 million and a R1...
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Ask Tim: Do I need to financially emigrate to inherit fro...
“My wife and I left South Africa in 2008 and have been told we must financially emigrate in order to receive an inheritance from our parents l...
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Forex case study: planning for future inheritance from So...
We take a look at a common scenario involving cross-border inheritance from South Africa.
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Tax clearance certificates – why are they taking so long?
In recent months, tax clearance certificates for South Africans wishing to take advantage of their foreign investment allowances have been tak...
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