Mike says: 7 April 2016 at 21:28 You previously answered my question relating to receiving a donation from my brother who lives overseas - I understand that if the money comes from a foreign source that I would not be liable for tax. Further to this I would like to ask: is there a limit to how much receives as a donation before one is liable for tax or can one receive any amount as a donation? |
TaxTim says: 8 April 2016 at 14:12 You can receive any amount. Just remember to declare in your tax return within the section "amount considered not taxable" Please also read our blog on Donations Tax for further clarification. |