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Amount of money I can give my son without incurring tax?

Posted 29 October 2012

I think it is R50000 per Annum.

TaxTim TaxTim says:
21 October 2012 at 0:45

You can make donations up to a value of R100 000 per tax year before having to pay donations tax. If you make donations to a spouse then this is unlimited.

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