Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


If I leave behind money from a death policy what will the tax be if I leave it to my wife?



Russ said:
25 May 2015 at 10:08

If I leave behind money from a death policy what will the tax be if I leave it to my wife?

TaxTim Marc TaxTim Marc said:
25 May 2015 at 12:31

It will not be taxes, death policy payouts are exempt from taxation.

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




Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.