As from 1 March 2023 all PBO’s who issues Sec 18A Tax Exemption Certificates will be required to include all the following information on their certificates to be valid.

Sigh! As if it wasn’t already difficult enough. So here we go.

PURPOSES OF A RECEIPT ISSUED UNDER SECTION 18A(2)(a) OF THE INCOME TAX ACT, 1962 (ACT NO. 58 OF 1962)

In terms of section 18A(2)(a)(vii) of the Income Tax Act, 1962

The notice will come into effect on 1 March 2023, and apply to all receipts issued on or after that date.

Further information required in terms of section 18A(2)(a)(vii) of the Income Tax Act:

The following further information must be included on a receipt issued in terms of section 18A(2)(a) of the Income Tax Act:

2.1 Donor nature of person (natural person, company, trust, etc.);

2.2 Donor identification type and country of issue (in case of a natural person);

2.3 Identification or registration number of the donor;

2.4 Income tax reference number of the donor (if available);

2.5 Contact number of the donor;

2.6 Electronic mail address of the donor;

2.7 A unique receipt number; and

2.8 Trading name of the donor (if different from the registered name).

Now you know.