Page 66 - F6 Slide - Taxation - Lecture Day 2 Class

Donations

• Donations are allowed as a deduction limited

to 10% of the taxable income after considering

all the other income and deductions.

• Meaning that donations deductions are last

item considered in the calculation of the

taxable income of an individual.

• Only donations to public benefit organisation

from which the donor is given a certificate are

deductible.

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