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Declaration of Donation under R 100 000

Posted 7 January 2016

Jules said:
7 January 2016 at 11:19

If I make a donation of R 100 000 to a family member, do I need to declare this payment to SARS even though there is no tax payable?

TaxTim Marc TaxTim Marc said:
7 January 2016 at 12:27

No you will not, it must be under R100 000 though.

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