airborne
Honorary Master
- Joined
- Jul 13, 2007
- Messages
- 28,430
- Reaction score
- 14,735
So a person can receive up to R100 k per year tax free?Once can donate up to R100 00 per year free of donations tax. Any tax due on donations is payable by the donor, but should that tax not be paid then the donor and donee are joint and severally liable.
Say a person earns R80k per year and gets R100k as a donation from a family member that R100k is tax free?
Honestly can't see the tax man allowing that.
