Do I pay tax on gifts that I take overseas?

bacardi asked:

I bought Christmas gifts for my family in South africa. Will I have to declare them and will I have to pay tax on them?

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dalylorraine

October 30th, 2008 at 2:03 pm

no i don.t think so you.ll have paid tax when you bought them just bring the receipt with you
maskedmarada2000

November 1st, 2008 at 2:38 am

i think they have quotas for those, if it is above a total value of £50 or so , I think you will need to pay tax on it and declare it.
fred v

November 3rd, 2008 at 2:36 pm

If you are South African then yes! It happened to me once. I would not bother declaring them because the chances of them stopping you in SA are slim, or you can open the boxes/packaging etc. and just say that all the stuff is your own that you have owned forever! Yes I do collect toy trains
tsostler

November 6th, 2008 at 9:08 am

Usually no but your family usually gets taxed hugely. I have lived overseas for many years. As long as you lable it used or gift they should be fine. Lable it used clothing or something like that
sononobird

November 8th, 2008 at 8:22 am

i think only in south africa ur family will pay its quotas
waggy_33

November 10th, 2008 at 10:14 am

You pay gift tax using form 709, due by April 15th, on gifts that have a value greater than $12,000 per individual. Unless you are extremely extravagent I would doubt that you are spending $12,000 or more per person for Christmas gifts.