Tax on inheritance?By Marc Sevitz · Updated 3 March 2014If I inherit money from my father will I be taxed on it? TaxTim Marc said:3 March 2014 at 21:18The estate will be taxed on the assets it gives to the beneficiaries on anything over R3.5m at 20%. You yourself will not be taxed on any amounts.Donations
If I inherit money from my father will I be taxed on it? TaxTim Marc said:3 March 2014 at 21:18The estate will be taxed on the assets it gives to the beneficiaries on anything over R3.5m at 20%. You yourself will not be taxed on any amounts.