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Parental support income

Posted 22 July 2015 under Tax Questions



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Caregiver says:
22 July 2015 at 11:21

My father supports me financially by giving me a portion of his salary every month in exchange for me providing care for my elderly relative. Do I need to register or pay anything to SARS for this? The amount is below the annual income requirements and my father pays his own tax on his salary.

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TaxTimTaxTim says:
22 July 2015 at 16:53

No, you do not need to register or pay anything to SARS as the amount is below the annual tax threshold.


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