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Kayla says: 11 July 2015 at 21:21 A friend of mine in America has given me some money as a gift. It is mainly to cover monthly living expenses. I am a student with no income and I still live with my parents. Do I have to fill in tax forms for the money? |
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TaxTim says: 12 July 2015 at 21:49 No you do not need to pay tax on these amounts, how much is it? |
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Kayla says: 13 July 2015 at 1:08 It was around R11000. I'm not sure if he will send money to me again. But the overall amounts probably won't exceed R40000. |
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TaxTim says: 13 July 2015 at 8:16 No that's fine you will not need to pay anything on that. |
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