Did you know Edunova is registered with SARS under Section 18A of the Income Tax Act which provides tax relief on donations made to us.
The tax benefit applies equally to businesses and private individuals. By supporting Edunova, you can help people in need. In addition, the tax refundable, or reduction in tax payable, means that the taxman is directly supporting our beneficiaries.
TAX BENEFITS
Individuals & businesses
By donating to Edunova you are helping make a positive impact on education and youth skills development in South Africa.
Edunova is registered with SARS under Section 18A of the Income Tax Act which provides tax relief on donations made to us. To qualify for this tax relief, you will need a S18A receipt to accompany your tax return.
Your receipt will be needed to accompany your tax return.
Donations are tax deductible to the extent of the greater of 5% of taxable income or R1 000. A taxpayer with a taxable income of, say R100,000, can donate up to R5,000 a year and enjoy tax deduction for the full amount donated. A salaried taxpayer donating R5,000 would be entitled to a tax refund of R1,500 on assessment. He or she would be out of pocket with only R3,500 but Edunova would be able to deliver public benefit activities to the full value of the R5,000 donated.
The tax benefit applies equally to businesses and private individuals. By supporting Edunova, you can help people in need. In addition, the tax refundable, or reduction in tax payable, means that the taxman is directly supporting our beneficiaries.
Did you know Edunova is registered with SARS under Section 18A of the Income Tax Act which provides tax relief on donations made to us.
The tax benefit applies equally to businesses and private individuals. By supporting Edunova, you can help people in need. In addition, the tax refundable, or reduction in tax payable, means that the taxman is directly supporting our beneficiaries.
TAX BENEFITS
Individuals & businesses
By donating to Edunova you are helping make a positive impact on education and youth skills development in South Africa.
Edunova is registered with SARS under Section 18A of the Income Tax Act which provides tax relief on donations made to us. To qualify for this tax relief, you will need a S18A receipt to accompany your tax return.
Your receipt will be needed to accompany your tax return.
Donations are tax deductible to the extent of the greater of 5% of taxable income or R1 000. A taxpayer with a taxable income of, say R100,000, can donate up to R5,000 a year and enjoy tax deduction for the full amount donated. A salaried taxpayer donating R5,000 would be entitled to a tax refund of R1,500 on assessment. He or she would be out of pocket with only R3,500 but Edunova would be able to deliver public benefit activities to the full value of the R5,000 donated.
The tax benefit applies equally to businesses and private individuals. By supporting Edunova, you can help people in need. In addition, the tax refundable, or reduction in tax payable, means that the taxman is directly supporting our beneficiaries.
CORPORATE
B-BBEE Benefits
Edunova has a level 1 B-BBEE status. By donating towards our projects, you can gain the following B-BBEE benefits:
- Donations to approved non-profits directly contribute to the SED element of the BEE scorecard.
- As 95% of our beneficiaries are black South Africans, in terms of the broad-based definition of black.
- This helps you improve your BEE rating, which is critical for securing contracts, tenders, and partnerships.
Businesses
Benefits of Donating
Beyond compliance and tax, businesses gain several practical and reputational advantages: By donating towards our projects, you can gain the following B-BBEE benefits:
- Supporting youth education and skills development enhances your corporate social responsibility (CSR) profile.
- Showing tangible commitment to South Africa’s future workforce.
- Employees feel proud to work for a company that invests in meaningful causes./li>
- Opportunities for staff volunteering and mentorship strengthen internal culture.
CORPORATE
B-BBEE Benefits
Edunova has a level 1 B-BBEE status. By donating towards our projects, you can gain the following B-BBEE benefits:
- Donations to approved non-profits directly contribute to the SED element of the BEE scorecard.
- As 95% of our beneficiaries are black South Africans, in terms of the broad-based definition of black.
- This helps you improve your BEE rating, which is critical for securing contracts, tenders, and partnerships.
Businesses
Benefits of Donating
Beyond compliance and tax, businesses gain several practical and reputational advantages: By donating towards our projects, you can gain the following B-BBEE benefits:
- Supporting youth education and skills development enhances your corporate social responsibility (CSR) profile.
- Showing tangible commitment to South Africa’s future workforce.
- Employees feel proud to work for a company that invests in meaningful causes./li>
- Opportunities for staff volunteering and mentorship strengthen internal culture.
Make a Donation
Your donation goes directly toward equipping schools with digital tools, training educators, supporting ICT interns and giving learners access to future-focused skills.