Sesethu
Donations to some of our causes are tax deductible.
If you are a South African tax-payer, you can deduct the value of your donations from your taxable income each year. To qualify for this:
- The cause you support must be an approved Public Benefit Organisation (PBO) under Section 18A of the Income Tax Act.
- The cause must issue you with an 18A tax receipt detailing your donation.
- SARS will only you give a tax benefit for up to 10% of your taxable income.
Sinethemba Special Care Centre makes it easy for you to give tax-efficiently: You can claim a deduction on the donations you make to us. We will issue you with 18A tax receipts for donations you make to these causes through our website.
Did you know?
You can also claim a deduction for the value of donations in kind you make to a Section 18A approved organisation. This includes shares in a listed company, stock from your own business, things you manufacture yourself, previously-loved goods or assets like vehicles or property.
Any property you bequeath to a PBO in your will is excluded from the value of the estate and is therefore not subject to estate duty. Estate duty is levied at a rate of 20% on the net estate of a deceased person.
Visit www.sars.gov.za for more information on tax deductible donations.