NPO Needs Analysis
Internally developed for NPOs this is a FREE, NO OBLIGATION analysis providing your NPO with a snapshot of compliance and tax risks.
The Tax and Legal landscape in South Africa have been designed to grant a large degree of preferential treatment to NPOs.
The provisions which give weight to these benefits are however quite technical in nature and spread across various Taxing Acts, thus making it challenging for the actual benefits to be understood, let alone realised.
Further, to prevent malpractice and abuse of these benefits, various compliance measures exist and furthermore, numerous punitive measures have been introduced in the Taxing Acts to deal with situations in which an NPO misuses these benefits or does not comply as required.
Is it thus imperative that your NPO understands these provisions to obtain maximum benefits and ensure compliance. In order to assist your organisation we have developed the NPO NEEDS ANALYSIS, which is a FREE NO OBLIGATION questionnaire that can be completed below.
This can be submitted to us and one of our NPO Specialists will thereafter provide you with feedback on potential risk areas that may impact on your NPO along with recommendations to mitigate such risks.
You should note that in some instances, further advice may be required from a professional in determining whether certain provisions of the Taxing Acts are applicable to your NPO.
There is generally confusion around the difference between Non-Profit Organisations (NPOs), Non-Profit Companies (NPCs), Community Based Organisations and Public Benefit Organisations (PBOs) etc.
To clarify, in its most basic form, a non-profit activity or organisation is any activity or organisation which is:
• Voluntary (formed out of concern to assist the greater public)
• Not for profit (No distribution of profits or surpluses to shareholders or members. Money is used to
further the aims of the activity or organisation)
• Not self-serving in aims and values (Acts on concerns that affect society as a whole)
For an NPO to be established, it must constitute itself within a legal structure: i.e. either
1. A Non-Profit Company (NPC) or previously known as a Section 21 company, or
2. A Non-Profit Trust, or
3. A Voluntary association