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

Posted 25 February 2014 under Tax Questions


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

This entry was posted in Tax Questions and tagged . Bookmark the permalink.

TaxTimTaxTim says:
25 February 2014 at 22:07

No, donations below R100 000 in total per tax year are tax free.


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