This deduction is only applicable for South African taxpayers.
In terms of Section 18A of the Income Tax Act No 58 of 1962 a deduction is allowed in respect of the sum of bona fide donations of cash or property in kind made by the taxpayer, during the year of assessment, to:
- Any public benefit organization (PBO) approved by the Commissioner under Section 30; or
- An institution, board or body contemplated in Section 10(1)(cA)(i); which carries on a public benefit activity contemplated in Part II of the Ninth Schedule (or any other activity determined from time to time by the Minister) in the Republic; or
- Any public benefit organization approved by the Commissioner under Section 30 which provided funds or assets to any other approved public benefit organization or institution, board or body contemplated in Section 10(1)(cA)(i); or
- The Government, any provincial administration or municipality as contemplated in in Section 10(1)(cA)(i).