SECTION 18A

Welcome! Supporting Genesis Hope Foundation not only furthers our mission of community upliftment but also provides you with significant tax benefits under South African law. This guide explains how your donations qualify for Section 18A tax deductions.

Understanding Section18A

Section 18A of the Income Tax Act allows individuals, trusts, companies, or close corporations to claim a tax deduction for donations made to approved organizations like Genesis Hope Foundation. The deduction is limited to 10% of your taxable income.

Who can benefit

1

INDIVIDUAL DONORS

If you are an individual taxpayer, donations to Genesis Hope Foundation are deductible from your taxable income when you file your tax return.

2

CORPORATE DONORS

Businesses & corporations can claim Section 18A deductions, making donations a great way to align corporate social responsibility (CSR) goals with tax savings.

How to Verify Our Section 18A Status

Genesis Hope Foundation is a registered Public Benefit Organization (PBO) and Non-Profit Organization (NPO) approved by the South African Revenue Service (SARS). You can verify our Section 18A status by:

  • Checking the SARS website.

  • Contacting us directly for confirmation.

How to Obtain a Section 18A Tax Certificate

To claim your tax deduction, you need a valid Section 18A tax certificate. Here's how to request one:

  1. Email us at Billy@genesishope.co.za.

  2. Provide the following details:

    • Your full name, address, phone number, and email.

    • Your ID number and income tax number.

    • For businesses, include the company registration number.

We’ll issue your certificate promptly upon receiving your request.

Non-Qualifying Donations

Certain donations, while appreciated, do not qualify for Section 18A tax deductions. These include:

  • Services provided free of charge (e.g., professional services).

  • Payments for attending fundraising events, such as dinners, dances, or charity golf days.

  • Successful bids at auctions or the donation of items for auctions.

  • Payments for raffle or lottery tickets.

  • School fees, entrance fees, or compulsory levies.

  • Free provision of rent, water, or electricity.

  • Payments to settle debts.

Why Support Genesis Hope Foundation?

Your donations enable us to create a meaningful impact in our community while also offering you the advantage of reducing your taxable income. It’s a win-win: together, we bring hope and change while maximizing your tax benefits!