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Tax on retirement gift from a Church to a Pastor

Posted 1 December 2015 under Tax Q&A


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Rudolf says:
30 November 2015 at 11:05

Our church wants to donate a parting gift to a retiring Pastor of between 500000 and 750000. Will the church have to pay donations tax or will the retiring Pastor have to pay tax on this amount?

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

TaxTim TaxTim says:
1 December 2015 at 8:55

Is the church a registered Public Benefit Organisation?

Rudolf says:
1 December 2015 at 8:57

Yes, it is. We have a PBO Registration.

TaxTim TaxTim says:
1 December 2015 at 11:16

PBO's are exempt from donations tax therefore no donations tax will be payable by the church and gifts are tax-free in the hands of the donor. If he files a tax return, he should declare this amount as "not considered taxable".


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