Do I need to pay gift tax

By Marc Sevitz · Updated

Jade

Jade said:
12 April 2015 at 14:54

If my mother receives a monetary gift from an over seas friend every month totaling R100,000-R200,000 per year, does she need to pay tax on it?
TaxTim Marc

TaxTim Marc said:
13 April 2015 at 8:41

As long as the money does not come from a source where the money was South African to begin with then it is ok.