Tax Exemption

The Wildlife Conservation Trust (WCT) is a registered Public Benefit Organisation (PBO ref nr 930 049 115), which means that bona fide donations made in cash or property in kind to the WCT by taxpayers, whether companies or individuals, are entitled to a deduction from taxable income.

The benefits of supporting the WCT are therefore two-fold;

  • Corporate Responsibility in supporting one of South Africa’s leading conservation entities, which is working to safeguard wildlife for future generations.
  • Qualification for a Section 18A receipt from the WCT, which will allow contributors to claim any applicable tax relief.

It is through the generation of funds that the WCT is able to do so much more to save threatened animal species for the benefit of all. Should you still have unallocated funds left in your budget and would like to take advantage of this potential tax benefit, please consider making a financial donation before the end of your tax year.

Note: A donation qualifying for a tax exemption is a gratuitous disposal by the donor out of liberality or generosity, under which the donee is enriched and the donor impoverished. It is a voluntary gift which is freely given to the donee. There must be no quid pro quo, no reciprocal obligations and no personal benefit for the donor. If the donee gives any consideration at all it is not a donation.

Section 30(3)(b)(v) provides that an approved PBO may not accept donations which are subject to conditions that could enable the donor or any connected person in relation to the donor to derive some direct or indirect benefit from the application of the donation. The donation may also, subject to limited exceptions, not be revocable by the donor.

If you require any further assistance or have any questions please do not hesitate to email info@wildlifeconservationtrust.co.za