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We will continue to play a role in the upliftment of local communities, and will therefore consider donation requests from institutions and bodies that focus on the education of historically disadvantaged sectors of society, as well as on the environment.
In order for donation requests to be considered, please note that the following points apply:
a. Entities requesting donations must provide proof of their ability to issue the relevant receipt required to meet the requirements of Section 18A of the Income Tax Act No 58 of 1962.
b. The receipt, which is imperative in the event of a donation from HSBC, must give the following particulars:
- The reference number of the public benefit organisation, institution, board or body issued by the South African Revenue Services.
- The date of the receipt of the donation.
- The name of the public benefit organisation, institution, board or body that received the donation, together with an address to which enquiries may be directed in connection with the donation.
- The name and address of the donor.
- The amount of the donation or the nature of the donation if it is not made in cash.
- A 'certification' to the effect that the receipt is issued for the purposes of section 18A, and that the donation has been or will be used exclusively for the object of the public benefit organisation, institution, board or body concerned.
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For more information contact:
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