Ziyo News | March 2026 – SARS Registered Representatives – FAQs
Registered representatives (also known as taxpayer representatives) are not well-understood and not only do questions pop up all the time, but deficiencies regularly serve as stumbling blocks for organisations trying to meet their compliance requirements. Here is a list of FAQs that may help non-profit organisations… What is a Registered Representative (RR) and why is […]
Ziyo News: April 2024 – Submissions to SARS by section18A approved organisations
SARS has now announced that the Third Party Data Annual Submissions process (for the period 1 March 2023 – 29 February 2024) will open on 1 April 2024 and close on 31 May 2024. Are non-profit organisations affected and, if so, which ones? SARS requires approved section 18A organisations to complete and file the new IT3(d) […]
Is PBO approval important for South African non-profits?
Is PBO approval important for South African non-profits? Over the years of consulting in the non-profit sector, we have frequently encountered organisations which have never applied for PBO approval or income tax exemption with SARS. The reasons provided for not having done so are often based on false beliefs such as: All non-profits are automatically […]
Section18A Audit Certificate
Section18A Audit Certificate You will know that section 18A of the Income Tax Act (“the Act”) enables South African taxpayers to deduct, from their taxable income, donations made to an approved public benefit organisation (“approved PBO”), if that donation is supported by a receipt containing the details required by section 18A. You also know that […]