Tax on Scholarships

By Marc Sevitz · Updated

Penny

Penny said:
4 October 2015 at 18:56

I'm a writer in receipt of a scholarship from an overseas foundation. Will I have to pay tax on it, come year end? What documentation would I have to provide for it to be tax exempt, if that's on option?
TaxTim Marc

TaxTim Marc said:
5 October 2015 at 9:37

You will not have to pay tax on the scholarship received, this a not a taxable event.