Tax Benefits for Donors
Leamogetswe Safety Home is a Section 21 company and qualifies as a Public Benefit Organisation (PBO). This allows a tax benefit to Leamogetswe Safety Home’s donors. We 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:
- In cash or
- By cheque or
- By postal order or
- By direct deposit or
- By EFT or
- By donating via the donate button on our website or
- By a debit order or a credit card deduction
(any gift of goods to Leamogetswe Safety Home that causes a saving on the budget and can be taken into the books as income) eg.
- Non-perishable foods
- Consumable goods
- New clothes
- 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 goods
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.)