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Transfer of money UK to SA to AUS - any implications


pilotg2

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I transferred some money from the UK to my Dads account in SA as we planned to move to over. Plans changed and we are now headed to AUS and I'm wondering if there are any implications in now transferring the money from SA to AUS?

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There should be no problems at all. There will be paper work involved and will be another process to move it out of SA.

Please let me know if you would like any assistance :)

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Make sure your paperwork supporting the facts is in order, such as that your dad was only holding money on your behalf (as an agent) so he did not donate it to you in Australia. SARS may query the receipt in SA.

Edited by Gerhardk
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