Save Tax with a Section 18A Tax Certificate
RULiv is a registered Public Benefit Organisation in terms of section 30 of the Income Tax Act 58 of 1962 and donations to the organisation are exempt from donations tax in terms of section 56(1)(h) of the Act.
A donation’s certificate in terms of section 18A of the Income Tax Act can be issued by RULiv for donations received in excess of R500.00 (Five Hundred Rand) for the exclusive use by RULiv, the activities of which fall within Part II of the Ninth Schedule to the Income Tax Act.
Donations that are allowed where RULiv can issue a donation’s certificate are:
- Donations need to be unencumbered (unconditional) to further the objectives of RULiv.
- Donations can be made to specific projects to promote RULiv’s objectives in furtherance of those community based projects.
- There must be no contractual obligations that need to be fulfilled or deliverables to be met as a result of this donation.
- RULiv must be free to use its discretion as to how the donation will be utilised.
A section 18A tax certificate will be issued in February each year to coincide with the end of the tax year.
If you would like to make a donation of any amount to Ruliv via EFT, please make a deposit into the following account:
RuLIV’s Banking Details
Account number: 1498 002 463
Branch Code: 198765
Swift Code: NEDSZAJJ
Should you wish to discuss this further or wish a donation to be used in a specific area of RULiv’s work, please contact us on +27 (0)43 704 8800 or email email@example.com