Essentially, the wellbeing of all Parabats and their families is our primary concern. Many of us are reaching the age where retirement and redundancy become threats to our continued welfare. Some of us have been suffering from the strain of wounds and disabilities sustained during our years as soldiers as well as suffered after our military service ended. Others have been made redundant by retrenchments or affirmative action.
All these people need help and support in their daily lives, sometimes of a temporary nature and at times ongoing.
This support is not happening to any great degree and the PVO aims to, over time, rectify this.
In support of this, the PVO registered as a Not for Profit Company (NPC) and approved Public Benefit Organisation (PBO) section 30 of the Income Tax Act.
The PVO is in the process of applying for section 18A(1)of the Income Tax Act, where donations to the PVO will be tax deductible in the hands of the donors in terms of and subject to the limitations prescribed in section 18A of the Act.
Once this has been approved by SARS the PVO NPC will be able to operate as a fully audited enablement and benevolent organisation.