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Section 7C donations tax payments

Following an article on Moneyweb pointing out practical difficulties around compliance with the payment of donations tax on the deemed donation under the new section 7C of the Income Tax Act, 58 of 1962, SARS responded and set out a procedure to be followed.  However, Cheryl Howard, FISA Gauteng Chairperson, points out that the SARS requirements are impractical.

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