All News. All Blogs.
2026/2027 MD Streets Tax Card
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...