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Tax on retirement gift from a Church to a Pastor

Posted 1 December 2015 under Tax Questions


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Rudolf says:
30 November 2015 at 11:05

Our church wants to donate a parting gift to a retiring Pastor of between 500000 and 750000. Will the church have to pay donations tax or will the retiring Pastor have to pay tax on this amount?

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TaxTimTaxTim says:
1 December 2015 at 8:55

Is the church a registered Public Benefit Organisation?


Rudolf says:
1 December 2015 at 8:57

Yes, it is. We have a PBO Registration.


TaxTimTaxTim says:
1 December 2015 at 11:16

PBO's are exempt from donations tax therefore no donations tax will be payable by the church and gifts are tax-free in the hands of the donor. If he files a tax return, he should declare this amount as "not considered taxable".


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