Clarification regarding tax deductions for donations.

By Marc Sevitz · Updated

MS

MS said:
20 December 2015 at 11:47

If I donate to a charity and I receive a tax certificate, would I receive a tax refund for a portion of that amount? If so, how much of the amount would be refunded?
TaxTim Marc

TaxTim Marc said:
24 December 2015 at 8:07

Yes, when you submit the tax return you will indicate that you have donated to a PBO and you will be refunded the amount contributed multiplied by your average tax rate.