Public Benefit Organisations – Are you liable for Tax? Yes it is possible…..

Every Public Benefit Organisation (PBO) (registered as such with the South African Receiver of Revenue (SARS)) is exempt from the payment of income tax.  There is, however, a misunderstanding of this concept, by PBO’s, due to the fact that there are certain circumstances where a PBO will be liable for income tax.  A PBO can […]