FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Corporate Social Investment for tax purposes?

Posted 6 March 2015

I am wondering about the Tax Benefits for companies that donate money for CSI (Corporate Social Investments) is there a certain starting amount companies need to donate? How do I know if my company donates to a charity or NGO that I will get the Tax Benefit? What paperwork should I be asking to see from the NGO or Charity. Your assistance would be greatly appreciated.

TaxTim Marc TaxTim Marc said:
6 March 2015 at 8:14

In order to benefit from donations, the NGO or group you are donating to needs to produce a S18A Tax Certificate detailing that SARS has allowed to be a tax exempt institution.

This entry was posted in Tax Q&A and tagged , . Bookmark the permalink.




Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.