Is a gift of money given from Mother to Son regarded as a donation? Is any amount exceeding R100,000 given as a gift taxable? Does the SARS rules re Donations and Gifts also apply to moving money from one offshore bank account to another family members offshore bank account? This money was taken out legally. Do you have to declare a Donation or a Gift of R100,000 on your Income Tax Return and, if so, under which section?