NPO vs PBO: what is the difference?
An NPO is a non-profit organisation registered with the Department of Social Development (which provides it with an NPO status). A PBO is a non-profit organisation registered with SARS as a public benefit organisation (PBO) They are not the same thing. An organisation may be registered as an NPO, but that does not automatically mean […]
Understanding IT3(d)
← IT3(d) resources What is IT3(d)? IT3(d) is a mandatory third-party data submission for approved Section 18A tax-exempt entities, such as PBOs, that issue tax-deductible receipts to donors. It involves submitting the details of those receipts to SARS, helping SARS pre-populate donor tax returns, verify donation claims, and reduce the risk of incorrect or fraudulent […]
What information is needed for IT3(d)?
IT3(d) needs the information contained in Section 18A receipts issued to donors.
How does a donor claim back an income tax deduction on donations made?
A donor tax claim is the process where a donor uses a valid Section 18A receipt to support an income tax deduction claim for a qualifying donation.
What is a tax-deductible donation?
A tax-deductible donation is a qualifying donation that a donor may use to support an income tax deduction claim.
What is a Section 18A receipt?
Section 18A receipt is a formal receipt issued by a SARS-approved Section 18A organisation when a qualifying donation is made.
What is third-party data?
Third-party data is information submitted to SARS by an organisation or institution other than the taxpayer.
In the IT3(d) context, third-party data refers to Section 18A receipt information submitted to SARS by an approved organisation that issued tax-deductible receipts to donors.
What is IT3(d)?
IT3(d) is a SARS third-party data submission used by approved Section 18A organisations to report tax-deductible receipt information to SARS.
Section 18A Receipts in South Africa: What NPOs Should Know
A plain-language guide to Section 18A receipts, SARS approval, donor details, receipt records and IT3(d) reporting for South African NPOs.