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If you declare before 28 February that you donate R100 000 to your children what impact will it have

Posted 25 February 2014 under Tax Q&A


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If you declare before 28 February that you donate R100 000 to your children what impact will it have on your individual tax?

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

TaxTim TaxTim says:
25 February 2014 at 22:07

No, donations below R100 000 in total per tax year are tax free.


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