Deductions in respect of donations to certain public benefit organisations are limited to 10% of taxable income (excluding
retirement fund lump sums and severance benefits). The amount of donations exceeding 10% of the taxable income is treated
as a donation to qualifying public benefit organizations in the following tax year.
South African Tax Consultants
Tax Specialists in South Africa. Contact us on 087 808 6972 Today. Free Consultation.