No you do not need to worry about transfers between husband and wife, they are never subject to tax. You and your wife can each donate R100 000 a year in total to anyone you chose, any amounts over that are subject to donations tax of 20%.
Zedsays: 27 May 2015 at 21:23
Thanks for the response TaxTim.
Just to confirm - Is there any declaration required (from myself or my wife) for the gift to my wife?
TaxTimsays: 27 May 2015 at 22:54
No there is not for you. However she would need to declare that she received a donation in her return under the Amounts not considered taxable section.
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