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Appendix C1DECLARATION OF GIFTS VALUED AT NOT MORE THAN R350,00 PurposeFinancial Year 20.../(1) Ref no:. The purpose of this disclosure form is to ensure that details of gifts received are recorded
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01
Obtain the declaration of gifts valued form from the relevant authority or website.
02
Fill out your personal information including your full name, address, and contact details.
03
Provide details of the gift such as the description, value, and relationship to the giver.
04
Sign and date the declaration form.

Who needs declaration of gifts valued?

01
Individuals who have received gifts with a certain value, as required by the law or authority.
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Declaration of gifts valued is a form that must be filled out to report gifts that exceed a certain value.
Individuals who receive gifts valued above the specified limit are required to file a declaration of gifts valued.
To fill out a declaration of gifts valued, one must provide information such as the value of the gift, the details of the giver, and the relationship between the giver and the receiver.
The purpose of declaration of gifts valued is to ensure transparency and prevent tax evasion related to high-value gifts.
Information such as the value of the gift, details of the giver, and the relationship between the giver and the receiver must be reported on the declaration of gifts valued.
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