Mr Phil Antropichas made a donation of R10 000 to a public benefit organisation (PBO) as approved by the Commissioner and is in possession of the required receipt issued by the relevant PBO. Mr Antropic's taxable income for this year amounts to R230 000 before any deduction in this regard. Indicate the amount that can be deducted in respect of the donation made by Mr Antropic in respect of the current year of assessment?

Answer rating: 100% (QA)

Mr Antropichas can deduct a maximum of R23 000 from his taxable income for the ... View the full answer