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Amount of money I can give my son without incurring tax?

Posted 29 October 2012 under Tax Q&A


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I think it is R50000 per Annum.

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

TaxTim TaxTim says:
21 October 2012 at 0:45

You can make donations up to a value of R100 000 per tax year before having to pay donations tax. If you make donations to a spouse then this is unlimited.


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TaxTim
can help
you file your
Tax return!

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