Page 57 - F6 Slide - Taxation - Lecture Day 2
P. 57

Cash and

                                                                             property
                                                                            donations
         Donations (s18A)





            • Allowable deduction  only to approved Public

                Benefit Organisations (PBO’s)




            • Ltd to 10% of taxable income








            • Must receive receipt in terms of s18A








            • Amount of donation not allowed as a deduction –

                rolled over to next yoa
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