Enterprise and Supplier Development
By making monetary and/or non-monetary contributions of up to 3% of its net profit after tax value towards ERP’s initiatives with small black-owned enterprises under its food security programme, donors may earn all of the available 5 points under the Enterprise Development sub-pillar. Preferential procurement points to be considered.
Contributions made to Ekukhanyeni are tax-deductible, for which we provide an 18A certificate.
What is an 18A certificate?
Section 18A of the Income Tax Act entitles a taxpayer (individual or company) to deduct annual donations made to specific public benefit organisations by means of an 18A certificate. Such donations may not exceed 5% of taxable income