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Can Mother and Father donate together R200000 to their child without donation tax?

Posted 31 January 2015

Can Mother and Father donate R100000 each to their child in one financial year without any donation Tax if the parents are married in community of property.

TaxTim Marc TaxTim Marc said:
1 February 2015 at 23:11

The parents are each entitled to donate R100 000 without any tax consequences.

George said:
2 February 2015 at 19:28

Very Helpful

TaxTim Marc TaxTim Marc said:
3 February 2015 at 7:12

Only a pleasure!

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