Donors (resident in South Africa and paying their tax to South African Revenue Services) can obtain tax deductions on donations to approved organisations, commonly known as a Section 18A Public Benefit Organisation (S18A PBO) to a maximum of 10% of their taxable income in any one financial year.
So, for example, if a donor earns R100 000 in taxable income per year and during that year donates a total of R10 000 to one or more S18A PBOs, that donor’s tax will be calculated on R90 000 (not R100 000).
In order to claim a tax deduction, the donation has to be supported by a receipt issued from a S18A PBO – which Afrika Burns Creative Projects is. Our PBO number: 930045371.