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Do I need to pay gift tax

Posted 21 April 2015 under Tax Q&A


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Jade says:
12 April 2015 at 14:54

If my mother receives a monetary gift from an over seas friend every month totaling R100,000-R200,000 per year, does she need to pay tax on it?

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

TaxTim TaxTim says:
13 April 2015 at 8:41

As long as the money does not come from a source where the money was South African to begin with then it is ok.


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