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Clarification of record of donation

Posted 25 October 2015

Bailey says:
23 October 2015 at 17:12

Does the R100 000 free donation between spouses have to be an actual transfer of funds or is it purely a paper transaction and or are there any SARS forms to be completed.

TaxTim TaxTim says:
25 October 2015 at 22:43

Transfers between spouses are entirely tax free and no paperwork is required. There is not threshold for this.

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