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About Campaignends 16 Jan 2018, 11:59 PM
2) Please take note that Zakat contributions are NOT eligible for 2.5 times tax-deduction.
According to IRAS: Zakat is treated as an expense under section 14 of the Income Tax Act and this is set off against the employment income of that individual. It does not qualify for 2.5 times tax deduction for the applicable period. For example if an individual pay Zakat of $200, he is only entitled to claim $200 as an expense against his employment income. You would have to declare Zakat expense under employment income as it is not auto-included.
May Allah s.w.t. reward you bountifully for performing this important pillar of Islam which is the prosperity of the community.
Sarah*, who is in Primary 3, always looks forward to being in our student care centre after school. "How come?" You might ask. Well, for a start, she always feels like it is her second home while mum's hard at work. She gets the love and care from 'aunties' and 'sisters' as well as yummy home cooked meals. Not to mention the many friends she has at the centre who learn and play together with her. Like Sarah, many other students from low income or single parent families get the care and guidance they need after school while their parents make ends meet. We strive to keep our fees as low as possible while these students enjoy all the extra enrichment programmes and activities at no additional cost. Your generous contribution goes a long way in giving these children the joy that every child deserves. Thank you. *Name has been changed to protect the beneficiary's identity. Founded in 1952, PPIS is a dynamic client-focused social service, non-profit organisation dedicated to working with women of all ages who are carrying out their multiple roles in society. PPIS runs two core community services, namely Social Services and Early Childhood Education (ECE) Services. With seven Social Services centres and six ECE centres, both services work together to provide quality and holistic support as well as developmental programmes for women and their families. For more information, please visit: http://www.ppis.sg