Tommix (PTY) Ltd. (TOMMIX) is an independent Private Company which was formed on the specific instance and request of the Grey College Governing Body. TOMMIX is tasked to manage the Grey College Rugby Program in association with Grey College.
One of the key focus areas of TP, is to build relationships through establishing strategic partnerships in rugby initiatives and, more specifically, to enable Old Grey’s to become involved as contributing alumni for the brand famously known as: “GREY RUGBY”.
The objective is to give all Grey College stakeholders and interested parties the opportunity to become part of this brand, which over the years has become famous in South Africa and abroad.
The mission statement in its broad terms is designed to fine tune the GREY RUGBY CULTURE as one which encourages boys to express themselves within a team first environment, continue to emphasize the expectations and beliefs of Grey College as a way of life, drive behaviour in line with everything that Grey College represents, establish this behaviour to drive habits and for these habits in turn to shape the future of Grey College Rugby to represent the highest standard of performance known in the world.
TOMMIX appointed Bobby Joubert as the Grey College Director of Rugby (“DOR”) at the end of 2017. Bobby is an Old Grey who matriculated in 2000. He played rugby for the Grey 1st XV and also played professional rugby after school. The role requires of Bobby to be actively involved at a rugby coaching level as well. The DOR is responsible to implement structures and conceptualise, define and activate policies required to run the rugby program successfully, evaluate and improve the program continuously, and to strive to play the perfect game of rugby “The Grey Way”.
The program will identify and appoint quality outside coaches to be part of the Grey College rugby family. This will be key to the success of rugby at Grey.
Furthermore, the program is tasked with:
TOMMIX ultimately needs to provide boys who participate in rugby at Grey with the best possible opportunities to become the best individuals they can possibly be, and teach them the value of an environment where the team comes first. With financial support, it is possible to make this ideology a reality that grows from strength to strength with every passing generation.
With regards to your contribution/partnership the following applies in respect of your own or your Company’s tax purposes:
The general deduction formula in sections 11(a) and 23(g) of the South African Income Tax Act provides for the following:
General deductions allowed in determination of taxable income. – For the purpose of determining the taxable income derived by any person from carrying on any trade, there shall be allowed as deductions from the income of such person so derived –
For example, where a taxpayer incurs advertising expenditure the direct benefit for the expense is the display of the advertisement for a period of time. The indirect benefits of the expenditure may be the increased sales of the advertised product or product house that may arise over the next few years resulting from the advertisement. This indirect benefit is not the type of benefit that section 23H is concerned with and the advertising costs should be deductible in terms of section 11(a) in the year it was incurred.
TOMMIX Rugby Development NPC (TRD) is an independent Non-Profit Company which was formed on the specific instance and request of the Old Greys who want to provide boys with the opportunity to excel at Grey College. The company will work in association with Tommix (PTY) Ltd and Grey College Rugby.
The program will seek to identify quality Grey Boys, either already as current scholars and also prospective scholars of Grey College, whom through their personal or family situation do not have the resources or finances to stay in the school, or to attend Grey College in the future, or for any other reason whatsoever, through the provision of bursaries.
The program will provide financial aid for any rugby playing scholar of Grey College in respect of: