On 1 March 2023, Jabulani transfers a unit trust investment of R 5000000 to the Jabulani Trust, a discretionary inter vivos trust via an interest-free loan. Assume that, through the course of the 2023/2024 year of assessment, the repurchase rate is 6.25% and the prime lending rate is 10.5%. Jabulani has not made any other donations in the current year of assessment or in previous years of assessment. 

How much donations tax will Jabulani pay in the 2023/2024 year of assessment?

Answer rating: 100% (QA)

To calculate the donations tax that Jabulani will pay in the 20232024 year of assessment we need to ... View the full answer