PBOs could lose tax exemption status
Let BDO assist you to focus on what really matters
Non-compliance can result in penalties, interest and understatement penalties of up to 200%. You can also lose your Section 18A status and potentially lose donors.
BDO is hosting a workshop on tax legislation affecting PBOs.
Public Benefit Organizations (PBOs) are created with philanthropic intention and tax compliance is not necessarily top of agenda. Limited resources may constrain tax compliance which can pose a real risk to the very existence of a PBO. A common misconception is that once tax exempt, a PBO is exempt from all other taxes as well. Unfortunately, this may not be true.
This workshop will provide delegates with a high-level introduction to the legal landscape, and an understanding of the tax risks and responsibilities of PBOs. The workshop will also illustrate through case studies to address practical and operational challenges.
BDO’s Subject Matter Experts will be available to answer your questions and provide guidance.
*PBOs include but not limited to non-profit foundations and trusts, Non-Profit Company(NPCs), Non-Profit Organisations (NPO), Community-Driven Development(CDD), sport clubs, religious entities and schools
||Training room, BDO Wanderers
52 Corlett Drive, Wanderers Office Park
08:00 Registration and refreshments
09:00 Income Tax
10:45 Tea break
11:00 VAT and Transfer Duty
13:00 Close and refreshments
||Workshop fee R1500.00, excluding VAT
Should you have any queries on this workshop, please contact firstname.lastname@example.org. We look forward to hosting you.