Is there a place to declare the amount of inheritance I received from my parent who died in the UK on the ITR 12 form. I am a SA resident who pays SA tax. I know I don't have to pay tax on this amount in SA but I dont know where to declare the amount apart from in the foreign assets box.
You are correct, there is definitely no tax payable on this amount and you will complete your inheritance in the inheritance box under amounts considered non taxable on your tax return. Register for TaxTim and let us help you file.
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