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PAYE Annual Reconciliation | Tax year 01 March 2025 – 28 February 2026

The Annual Reconciliation Declaration (EMP501) submission period opened on 1 April 2026 with final submission deadline being 29 May 2026. The employee data that must be submitted by 29 May 2026 should cover the transaction period 01 March 2025 to 28 February 2026, for...

When Growth Is a Tax Problem

"As your profitability grows, your taxes will too. In fact, paying more taxes is an indicator that your business health is improving.” (Mike Michalowicz)   Business owners work hard to grow revenue and increase profit. What often receives less attention is how...

New VAT Thresholds: Thinking of Deregistering?

“Renette Oosthuizen, small business owner from Gauteng, had this tip: ‘Minister Godongwana, please increase the VAT registration threshold for small businesses to R2 million. The R1 million threshold has not kept pace with the cost of doing business.’” (Budget Speech...

How to Create a Team Building Experience That Really Works

"Great things in business are never done by one person; they’re done by a team of people.” (Steve Jobs) As a small business owner, every rand you spend needs to return value, and your team building events are no exception. When structured properly, team building days...

Congratulations to Fatima on Successfully Completing your ADP Articles

Congratulations to Fatima on successfully completing your ADP articles   Next step IRBA registration and audit partner of MD Streets Auditors Inc.   We are so proud of you!   From All of Us at #TeamMDStreets Fatima Bapukee | Chartered Accountant (SA) PG...

15% Global Minimum Tax (GMT) Goes Live at SARS

"An agreement that will really change the world." (Olaf Scholz, former German Finance Minister) In October 2021, a global minimum tax framework for large multinational enterprises (MNEs) was established with the introduction of the GloBE (Global Anti-Base Erosion)...

Welcome Jaydon to the MD Streets Team

This week we welcomed Jaydon Brown to the MD Streets Team! Jaydon joins us in our Accounting Department as a SAIPA Learner. Here is to many years of happiness and success as a part of #MDStreets  

Eid Donation

"Muslim Hands sincerely extends its gratitude to you for your generous donations. Your contribution plays a vital role in making a positive impact on the lives of the less fortunate."    

Summary from our April Newsletter

Your Tax Deadlines for April 2026

April Taxes:   01 April | Start of the 2026/27 Financial Year 07 April | PAYE submissions and payments 24 April | VAT manual submissions and payments 29 April | Excise duty payments 30 April | VAT electronic submissions and payments 30 April | CIT Provisional Tax...

Best wishes for this Passover, Good Friday, Easter Sunday and Family Day

Best wishes and many blessings to all of our colleagues, staff, family and friends across the MD Streets Team Wishing you and your loved ones a peaceful, happy, and special week

MD Streets APRIL Newsletter | “When Growth is a Tax Problem…”

With Compliments       With SARS increasing the VAT registration threshold from R1million to R2.3million from 1 April 2026, most vendors are asking themselves whether they can now deregister from VAT. Although this may be a logical and attractive step,...

PAIA Submissions – submission of the Annual Report from all Private Bodies by 30 June 2026

We refer to the recent notice from the Information Regulator in accordance with section 83(4) of PAIA. The Regulator has requested the submission of the Annual Report from all Private Bodies by 30 June 2026 detailing requests for access to records received and...

VAT – To deregister, or not to deregister? That is the Question.

With SARS increasing the VAT registration threshold from R1million to R2.3million from 01 April 2026, most vendors are asking themselves whether they can now deregister from VAT. Although this may be a logical and attractive step, it could be a costly tax event. Built...

We Are Hiring

Looking for a career as a Company Secretary?   APPLY HERE   Looking for a career as a Professional Accountant?   APPLY HERE   Looking for a career as a Senior Tax Administrator?   APPLY HERE    

Looking for a career as a Senior Tax Administrator?

Job Title: Senior Tax Administrator Reports To: Tax Director Contacts for Job Applications: MD Streets Juanita Roman | Tax Director, PG DIP (Tax) Alexis Sacks | Managing Director, CA (SA) Experience in the Income Tax field and/or relevant Diploma Western Cape...

Why Your Cash Flow Problems May Be Down to Your Behaviour

“Never take your eyes off the cash flow because it’s the lifeblood of business.” (Richard Branson) Ask any business analyst about recurring cash flow challenges and you’ll often hear them say, “It’s not that the business is short of money, it’s that money arrives too...

Looking for a career as a Company Secretary?

Job Title: Company Secretary Reports To: Partner / Compliance Manager Job Purpose: The Company Secretary is responsible for managing the full statutory and regulatory compliance function for a portfolio of clients within the firm. The role ensures that all company...

Streamlining In-House Accounting Processes with AI

“Artificial intelligence and generative AI may be the most important technology of any lifetime.” (Marc Benioff, CEO, Salesforce) Traditional accounting involves a great deal of manual processing, endless menial tasks, and plenty of opportunities for mistakes and...

Summary from our March Newsletter

Taxpayers will enjoy long-awaited tax relief with much good news contained in the 2026 Budget. It scrapped the previously announced R20 billion in tax increases, and instead provides relief for taxpayers, assists small businesses and encourages savings by adjusting...

Budget 2026: Your Tax Tables and Tax Calculator

Budget 2026 has brought long-overdue relief to taxpayers by not imposing VAT or income tax hikes and by adjusting the tables for tax rates, rebates and credits for inflation. Of course, some tax hikes were always going to happen: inflation-linked increases on sin...

Looking for a career as a Professional Accountant?

Looking for a career as a Professional Accountant?   We are a multi-disciplinary firm of Chartered Accountants based in Cape Town, providing audit and accounting services to a diverse client base. We aim to provide objective and professional advisory services to...

Budget 2026: What it Means for You and Your Business

“The 2026 Budget marks an important turning point for South Africa.” (Dr Duncan Pieterse, Director-General, National Treasury) Some of the best news in Budget 2026 is the real GDP growth of an estimated 1.4% for 2025, rising to 2% in 2028, and a debt ratio that will...

Your Tax Deadlines for March 2026

March Taxes: 06 March 2026 – PAYE submissions and payments   25 March 2026 – VAT manual submissions and payments   30 March 2026 – Excise duty payments   31 March 2026 – End of the 2025/6 Financial year, VAT electronic submissions and payments & CIT...

MD Streets MARCH Newsletter | “Budget 2026: What it Means for You and Your Business…”

With Compliments       Looking ahead following our recent Budget, SARS’ Queries, Audits and Compliance Requirements will be ever more frequent, onerous and focused on all taxpayers providing proof and rationale for the information submitted. Even if...

NB: BUDGET HIGHLIGHTS

Stay informed about the key tax changes announced during today’s Budget Speech! The SARS tax guide provides a summary of the most important information relating to taxes, duties and levies for 2026/27. Download here: 👉https://bit.ly/4aRUid9 South African...

MD Streets Accountants Pty Ltd | Budget 2026

With Compliments View infographic View SARS Guide    Note: Copyright in this publication and its contents vests in DotNews. A Client Connection Service by DotNews | © DotNews. All Rights Reserved. | Disclaimer: The information provided herein should not be used...

Your quick to read and easy to understand 2026/2027 Tax Guide

2026/2027 Tax Guide | Click on the images below for all necessary information Get in touch with us directly at +27 (0) 683 4834, should you have any queries.  

How The Budget Affects You & Your Business

With Compliments   Budget Speech Highlights Budget 2026 will be broadly welcomed by taxpayers, with no increases in either corporate income tax or the VAT rate, and (at long last!) inflation-linked adjustments to personal income tax brackets, rebates and medical tax...

February 2026 Tax planning reminders – We are Here with You!

The Second 2026 Provisional Tax Deadline is on 27 February 2026 This is a very important declaration with specific requirements relating to estimation of your taxable income for the 2026 tax year - we are here to help you to meet this deadline with the highest...

Minister of Trade, Industry and Competition issues proposed amendments to the Broad-based Black Economic Empowerment Codes

Post shared courtesy of: ENSafrica The Minister of Trade, Industry and Competition (“The Minister”) issued draft proposed amendments to the Broad-based Black Economic Empowerment Codes (“B-BBEE Codes”) on Friday 30 January 2026. The notice issued by the Minister...

WHAT OUR CLIENTS AND STAFF SAY ABOUT US

“Before we started working together, we discussed that we were looking for auditors that were going to work with us and be partners with us and we have 100% got this right with you and your team at MD.

Thank you for the role you have played in us putting systems and reviews in place to help us achieve current and future successes.”

“With support, training and, exposure to a wide variety of clients, MD offered me the opportunity to grow and develop within their accounting division.

The skills and experience gained while working at MD assisted in my career development and have been invaluable in my current role as General Manager for a market leader.”

“We generally only hear the negative reviews of staff and services these days but thought it important to acknowledge the GREAT service and work this team is doing.”

Thank you for being Auditors and partners to our businesses over the past 25 years. Excellent friendly service and always expert advice.”

“To each and every one of you thank you. Your support, guidance, and encouragement have played a huge role in shaping the professional I am becoming.

To my associates, thank you for walking beside me, for your patience, and for showing me the ropes. Your kindness and willingness to share your knowledge never went unnoticed, and I’m truly grateful.”