Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get SARS Tax Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.
Try Tim Now

Must there be a contract if my father lends me money?

Posted 29 January 2016 under Tax Questions


Let TaxTim
help you
submit your
Tax returns!


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
Hanri says:
29 January 2016 at 10:00

If my father lends me money, must there be a contract

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

TaxTimTaxTim says:
29 January 2016 at 11:40

How much is he lending you and for how long?


Hanri says:
29 January 2016 at 12:38

It would be R100 000 over a period of three years.


TaxTimTaxTim says:
29 January 2016 at 19:28

You do not need a contract really as it is between you and your dad.


Get SARS Tax Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →


Let TaxTim
help you
submit your
Tax returns!


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started