Donations Tax – 2014

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Donations tax is levied at a flat rate of 20% on the value of property donated. The first R 100,000 of property donated in each year by a natural person is exempt from donations tax.
In the case of a taxpayer who is not a natural person, the exempt donations are limited to casual gifts not exceeding R10,000 per annum in total.
Dispositions between spouses and donations to certain public benefit organisations are exempt from donations tax.