If I received a cash donation of below R50 000 from parents do I need to declare this for tax purposBy Marc Sevitz · Updated 11 July 2014If I received a cash donation of below R50 000 from parents do I need to declare this for tax TaxTim Marc said:11 July 2014 at 15:04You should always declare the donations received, but you will not have to pay any tax on this.Donations
If I received a cash donation of below R50 000 from parents do I need to declare this for tax TaxTim Marc said:11 July 2014 at 15:04You should always declare the donations received, but you will not have to pay any tax on this.