Available Course

Public benefit organisations

>> Click here to book this training as an In-House course <<

Duration: 2.00
CPD Hours: Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Course Facilitator: Yvonne Rossouw and Corlia Faurie
T:  0118861395
E:  gillian@probetatraining.co.za
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Being exempt from tax is surely the perfect position to be in. However, tax exemptions do not come easy – to qualify for them, you need to meet various requirements before SARS will relieve you of your tax liability. One of the options to qualify is to be a Public Benefit Organisation. ProBeta offers a session to discuss and explore both the legal and tax requirements relating to these entities.

This session will address matters including, but not limited to, the following: • The differences between a Public Benefit Organisation, Non-profit Organisation and Non-profit Company o Legal requirements and benefits of each • The requirements to register an entity as a PBO, NPO or NPC including the administrative process and relevant documents needed • Additional requirements in order to be approved for tax purposes as a Public Benefit Organisation by the Commissioner, including the administrative process and relevant documents needed • Specific tax measures applicable to Public Benefit Organisations, including exemptions and a discussion on what constitutes Public Benefit Activities for tax purposes • Brief discussions on the tax rules applicable to Recreational Clubs and Associations

☒Financial managers ☒Tax Practitioners ☒Auditors ☒Bookkeepers ☒Financial accountants