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Tax on inheritance?

Posted 3 March 2014 under Tax Questions



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If I inherit money from my father will I be taxed on it?

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TaxTimTaxTim says:
3 March 2014 at 21:18

The estate will be taxed on the assets it gives to the beneficiaries on anything over R3.5m at 20%. You yourself will not be taxed on any amounts.


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