Allowable deductions

Details

Reference

Maximum amount allowed

Donations to National Scholarship Fund, National Bursary Fund and charitable trusts

Sect 15(2)(r)

There is no limit.

Contribution for equipment, construction, extension, maintenance of hospitals and procurement of drugs and equipment.

Sect 15(2)(r1)

The amount is limited to US$100 000 per annum per taxpayer.

Contributions to a research institution

Sect 15(2)(r2)

The amount is limited to US$100 000 per annum per taxpayer.

Contribution for equipment, construction/ extension, and maintenance of schools and procurement of books

 

Sect 15(2)(r3)

The amount is limited to US$100 000 per annum per taxpayer.

Donations to the Public Private Partnership Fund

Sect 15(2)(r4

The amount is limited to a maximum of US$50,000 without any consideration

Donations to the Destitute Homeless Persons Rehabilitation Fund

Sect 15(2)(r5)

The amount is limited to a maximum of US$50,000.

Expenditure on attending Convention or Trade Mission

Sect 15(2)w(i)

Amount incurred for attending not more than one convention or trade mission in any one year of assessment limited to  US$2 500

Contribution to the maintenance of buildings, roads, bridges, sanitation works, water works, public parks, or any other utility amenity or item of infrastructure approved by the Min responsible for local government

 

Sect 15(2)(kk)

The amount allowable is limited to US$50 000 per annum.

 

 
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