Method of donating money that results in lowest tax

By Nicci Courtney-Clarke · Updated

Sarah

Sarah said:
3 March 2016 at 8:29

I want to give a family member one million rand as a gift. What is the best way to do that so that she pays the least amount of tax on this amount?
TaxTim Nicci

TaxTim Nicci said:
3 March 2016 at 9:00

You will be the one subject to Donations Tax at a rate of 20% over the first R100 000.