- Have you declared the donation you made on Mandela Day yet? No? Well here's how to
- Did your company do its good deed for Mandela Day last week? Perhaps you donated money to a struggling start up or handed over old computers to a small foundation.
Whatever it was, you know you gave back to the community. The problem is, SARS will know soon enough too. You can't hide these transactions from it.
If you do and it finds out, you're looking at a 200% penalty at best!
So read ... ››› more
- [21 July 2014]
- Three ways to ensure your charitable donations qualify for a SARS tax break
- On Wednesday, Patrice Motsepe, the fourth richest man in South Africa, joined the likes of Warren Buffett and Bill Gates in pledging to donate at least half his family's money generated by their assets to the poor. While this is a big move for an individual, it's not just individuals that should use donations to better the community. Companies should follow suit too - not just for the good feeling... ››› more
- [01 February 2013]