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



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

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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