TAX DEDUCTIBLE DONATIONS
The South African government has recognised that certain organisations are dependent upon the generosity of the public and, to encourage that generosity, it has provided a tax deduction for certain donations made by taxpayers for certain public benefit endeavours.
A taxpayer making a bona fide donation to a section 18A-approved organisation, is entitled to a deduction from taxable income if the donation is supported by the necessary section 18A receipt issued by the organisation.
The ability to issue tax deductible receipts/certificates is dependent on section 18A approval granted by the Tax Exemption Unit and is restricted to approved organisations which use the donations to fund specific approved Public Benefit Activities.
The Weaver Foundation is approved to issue these certificates. Leverage off this incentive by making a positive impact while saving on your tax bill!!