Clarification of record of donation

By Marc Sevitz · Updated

Bailey

Bailey said:
23 October 2015 at 17:12

Does the R100 000 free donation between spouses have to be an actual transfer of funds or is it purely a paper transaction and or are there any SARS forms to be completed.
TaxTim Marc

TaxTim Marc said:
25 October 2015 at 22:43

Transfers between spouses are entirely tax free and no paperwork is required. There is not threshold for this.