Paying tax on money received as a gift

By Nicci Courtney-Clarke · Updated

Lesley

Lesley said:
13 January 2016 at 13:29

My sister is sending me money from the uk to me here in SA. It works out about R72,000
Do I have to pay tax on this amount and, if so. how much?
TaxTim Nicci

TaxTim Nicci said:
13 January 2016 at 17:11

No you will not have to pay tax on this amount, it will be seen as a gift.