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Does the receiver of a gift pay tax on the money?

Posted 26 August 2013 under Tax Q&A


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My Dad gave me R60 000 to pay for my studies at a university in the UK. Do I need to pay tax on this gift?

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TaxTim TaxTim says:
27 August 2013 at 0:40

You do not, there is no tax on donations made under R100 000. Furthermore if the "gift" is for studies or support then this does not fall under the definition of donations.


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