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If I make R1m and give 30% to charity, how much tax do I pay?

Posted 12 August 2013 under Tax Questions



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If you give more than 10% of your to income charity, do you pay both donation tax and income tax on the amount you gave to charity?

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TaxTimTaxTim says:
13 August 2013 at 12:37

If you donate to a charity and the charity is a registered Public Benefit Organisation then you will not pay donations tax, however you will only be allowed as a tax deduction a maximum of 10% of your taxable income for donations.


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