Tax Exemption for Organisations

Tax Exemption for Organisations

There will be a tax exemption for organisations that are enrolled with the Commission for Voluntary Organisations.


To date, organisations are taxed at 15%-30% on their profits. Voluntary organisations are important to our country as they give higher value to the society through the voluntary work. This tax, brings more burden to the organisations and the few profits they make during the year, will be taxed, which can instead be used to continue sustaining their voluntary work. Thus, my idea is that organisations enrolled within the commissioner for voluntary organisations will be exempted from tax.

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