Cii Radio| Ayesha Ismail|23 April 2018| 06 Shabaan 1439
SANZAF is an organisation that believes in empowering an individual to sustain himself.
The South African National Zakaah Fund (SANZAF) is a faith-based, socio-welfare and educational organisation that strives to facilitate the empowerment of needy families through the efficient collection and effective distribution of Zakaah and other Sadaqah in a proactive and cost effective way through projects – with dignity, sincerity and a shared responsibility. All in the service of the community and for the pleasure of Allah(SWT).
SANZAF is registered as a Public Benefit Organisation (PBO – 930001714). The benefit to the donor is that any cash donation that is made to SANZAF can be claimed back from SARS. A Public Benefit Organisation (PBO) is any welfare, religious or cultural body, private school, bursary fund or charitable trust that has been approved by SARS.
The PBO’s legal status can take the form of either a Trust, a section 21 Company or an Association of Persons. By donating to a tax exempt body the donor benefits from paying the 10% Donations Tax and Income Tax on Donations to certain PBO’s.
As an example, for a cash donation of R10, 000, an amount of R1,000 can be claimed back from SARS. As a result of its registration as a PBO, SANZAF is authorized by SARS to issue its contributors or donors with a Section 18A Tax certificate upon request. This will allow them to claim their 10% donations tax rebate. In this way, you are able not only to assist SANZAF help those displaced from their businesses and homes but also other relief organisations in South Africa.
