Declaration of donations for tax purposes on the ITR12?
By Marc Sevitz · Updated
My wife is a housewife and does not earn any income. I regularly make investments for her into unit trusts. Do I have to declare these donations to SARS? Thank you
TaxTim Marc said: 27 January 2015 at 10:55
Transfers between spouses is free of donations tax so you don't need to worry about it on the return.
