FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Must there be a contract if my father lends me money?

Posted 29 January 2016

Hanri said:
29 January 2016 at 10:00

If my father lends me money, must there be a contract

TaxTim Nicci TaxTim Nicci said:
29 January 2016 at 11:40

How much is he lending you and for how long?

Hanri said:
29 January 2016 at 12:38

It would be R100 000 over a period of three years.

TaxTim Nicci TaxTim Nicci said:
29 January 2016 at 19:28

You do not need a contract really as it is between you and your dad.

This entry was posted in Tax Q&A and tagged . Bookmark the permalink.





Do your Tax Return in 20 minutes or less!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.