What donor details are taken from Section 18A receipts?
IT3(d) uses donor information from Section 18A receipts to help SARS connect the receipt to the correct donor taxpayer.
When is a nil declaration required for IT3(d)?
A nil declaration may be required when an organisation is approved for Section 18A but did not issue any Section 18A tax-deductible receipts during the reporting period.
What is a Section 18A-approved entity?
A Section 18A-approved entity is an organisation that has been approved by SARS to issue Section 18A tax-deductible receipts for qualifying donations.
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 […]
How does IT3(d) relate to Section 18A?
IT3(d) relates to Section 18A because IT3(d) is the reporting of Section 18A tax-deductible receipt information to SARS.
Who must submit IT3(d)?
IT3(d) must be submitted by organisations that are approved by SARS to issue Section 18A tax-deductible receipts.
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.