Do individual taxpayers need to submit Donations Tax form IT44 if your donations made to friends/family are less than the R100K annual exemption?
Important:
This answer is based on tax law for the tax year ending 28 February 2020.
Answer:
In accordance with section 60(4) of the Income Tax Act, the payment of donations tax must be accompanied by a return in such form as prescribed by the Commissioner – in this instance it is the IT144 as you correctly pointed out. On this basis, it appears that the IT144 must be completed and submitted only once the cumulative value of property donated during the year of assessment exceed the section 56(2)(b) amount for the year (R100 000 in the case of a natural person). The form should then include all donations (including exempt one) made during the year of assessment.