Tax Benefits For Donations
Jakaranda & Louis Botha Children’s Homes
Tax benefits to donors in terms of Section 18 A
Jakaranda & Louis Botha Children’s Home is a non-profit company and qualifies as a Public Benefit Organisation (PBO). This allows a tax benefit to the children’s home’s donors. Jakaranda & Louis Botha Children’s Home may issue Section 18A receipts for bona fide donations, which allows for donations of up to 10% of taxable income to be deducted from such income, as stated in the Act.
Donations that qualify for tax certificates are:
Postal Order Donation
Donating via the DONATE button on this website
Debit order or a credit card deduction
Donations in Kind:
Any gift of goods to Jakaranda & Louis Botha Children’s Home that causes a saving on the budget and can be taken into the books as income eg.:
New capital items such as TV’s, stoves, fridges etc.
Donations of necessary materials for maintenance work such as paint, glass, light fittings, geysers etc.
Second Hand Gifts:
Second hand goods do not usually qualify for a tax certificate. (There are exceptions to this rule e.g. the donation of a vehicle, where a market value can be determined.) Note: Jakaranda & Louis Botha Children’s Home does not assign a value to donations in kind. The onus is on the donor to keep a record of cost and send us proof of payments to submit to SARS.
A donation must leave an audit trail and therefore must reflect as income on the books of Jakaranda & Louis Botha Children’s Home before a tax certificate can be issued.
A valid postal address for the donor must appear on the tax certificate for it to be acceptable to SARS.
Art. 18A receipts will not be issued where the transaction involved a trade of any kind. Eg. Buying an item at a charity auction.or buying a ticket to a concert or gala dinner.
Please enquire at our Marketing or Financial Department about preconditions prior to making your tax deductible donation.
We are also proudly BEE compliant as a level 6 contributor at both Jakaranda & Louis Botha Children’s Home’s. We scored in the sectors: Employment Equity, Preferential Procurement, and Socio-Economic Development. Your company will now score point by donating to both our homes.
For more information contact our marketing department:
Gary Van Veenhuyzen
Multidisciplinary Development Centre - MDDC
Tel: 012 - 800 4700
Mobile: 073 844 9994