A Charitable Trust is a trust set up for charitable purposes and may qualify for exemption from Income Tax and Capital Gains Tax under Section 10(1) of the Income Tax Act, provided it carries out the activities of an approved public benefit entity listed under Part I of the Ninth Schedule. It should also be registered as a Public Benefit Organisation by the SARS Tax Exemption Unit.
Donations to such a trust will be exempt from Donations Tax.
