A donation in cash or of property made in kind to a section 18A approved organisation, is entitled to a deduction from his or her taxable income if the donation –
• is supported by the necessary receipt issued by the organisation and
• does not exceed 10% of the taxable income (excluding any retirement fund lump sum benefit) of the taxpayer, calculated before allowing any deduction under section 18A or any deduction for medical and dental expenses.
Furthermore In terms of BEE legislation donations made to previously disadvantaged individuals (PDI’s) count toward the calculation of a Company’s BEE rating. All donations received by Rivonia Round Table 230 under our 18A registration are donated to Mother of Peace and Just One Child, both of which are 100% PDI.
NPO Registration Number - 082-512NPO
Section 18A PBO Registration Number 930 034 093