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Corporate Social Investment for tax purposes?

Posted 6 March 2015 under Tax Q&A


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I am wondering about the Tax Benefits for companies that donate money for CSI (Corporate Social Investments) is there a certain starting amount companies need to donate? How do I know if my company donates to a charity or NGO that I will get the Tax Benefit? What paperwork should I be asking to see from the NGO or Charity. Your assistance would be greatly appreciated.

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TaxTim TaxTim says:
6 March 2015 at 8:14

In order to benefit from donations, the NGO or group you are donating to needs to produce a S18A Tax Certificate detailing that SARS has allowed to be a tax exempt institution.


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