- RECAP: 4 Donations that are completely tax-exempt?
- As the general rule goes, you're liable for donations tax at a rate of 20% per donation.
As an individual (natural person) however, you can donate the first R100 000, tax-free, per year of assessment, while a company is allowed R10 000 per year of assessment, after which a 20% tax rate is applicable.
But did you know that certain donations are completely tax-exempt?
That's right! Here ... ››› more
- [22 April 2016]