Tax implications of cash donation receivedBy Marc Sevitz · Updated 15 September 2015JaneSmith420 said:14 September 2015 at 22:24Is donation received included in gross income?TaxTim Marc said:15 September 2015 at 7:18Yes it is, but it will not be taxable in your hands. The donor will pay tax on all amounts over R100 000.Donations
JaneSmith420 said:14 September 2015 at 22:24Is donation received included in gross income?TaxTim Marc said:15 September 2015 at 7:18Yes it is, but it will not be taxable in your hands. The donor will pay tax on all amounts over R100 000.
