Supercharge your section 18A tax certificates with Thrivepay

Section 18A tax certificates

A taxpayer making a bona fide donation in cash or of property in kind to a section 18A-approved organisation, is entitled to a deduction from taxable income if the donation is supported by the necessary section 18A receipt issued by the organisation or, in certain circumstances, by an employees’ tax certificate.

A taxpayer will only be allowed to claim a deduction for a donation to a section 18A approved organisation if it is supported by a receipt issued by the organisation.

> The receipt issued by the organisation must include the following details:The reference number of the organisation issued to it by the Commissioner for purposes of section 18A;
> The date of the receipt of the donation;
> The name and address of the organisation issuing the receipt to which enquiries may be directed;
> The name and address of the donor;
> The amount or nature of the donation if not in cash;
> Certification that the receipt is issued for the purpose of section 18A and that the donation will be used exclusively for the activities which are approved for section 18A purposes;
The receipt must be issued in the year when the donation is received by the organisation approved for purposes of section 18A.