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Budget 2025 | Keeping you informed
CLICK HERE FOR THE BUDGET SUMMARY CLICK HERE FOR THE SARS TAX GUIDE
How Budget 2025 Affects You & Your Business
Important payroll changes for the 2025/2026 tax year
The Minister of Finance announced the following changes with effect from 01 March 2025: Reimbursive Travel rate per Kilometre - Reduced from R4.84 to R4.76 Subsistence Allowance: Daily amounts for meals and incidental costs (overnight allowance): Meals and...
5 Things to Consider When Buying vs Leasing Equipment
“I do not gather things, I prefer to rent them rather than to possess them.” (Jerzy Kosinski, Polish-American writer) Deciding whether to buy or lease equipment can sometimes seem like an impossible choice. There are so many factors at play that it can feel like...
How to Save Big on Corporate Travel in 2025
“He who buys what he does not need, steals from himself.” (Swedish Proverb) Many think of corporate travel expenses as being a non-negotiable, and expensive part of doing business. The thing is, it is possible to cut back on travel expenses without cutting out the...
DEADLINE FOR ACCOUNTABLE INSTITUTIONS TO SUBMIT RMCP MANUAL – 12 MARCH 2025
ARE YOU AN ACCOUNTABLE INSTITUTION REGISTERED WITH FIC? DEADLINE FOR ACCOUNTABLE INSTITUTIONS TO SUBMIT RMCP MANUAL – 12 MARCH 2025 We draw your attention to the notice issued by the Financial Intelligence Centre (FIC) requesting all Accountable Institutions (AI’s) to...
Disagree with SARS? Here’s How we Can Assist You
“When taxpayers are aggrieved by an assessment or a decision that is subject to objection and appeal, they have a right to dispute it.” (SARS) As a taxpayer in South Africa, you have the right to dispute tax assessments, if you have a valid reason to disagree with...
6 Signs it Might be Time to Pivot
“The measure of intelligence is the ability to change.” (Albert Einstein) Change can be uncomfortable and often we humans love to avoid it. In business, however, being brave enough to embrace change could be the difference between going under and thriving. All...
Your Tax Deadlines for March 2025
07 March 2025 PAYE submissions and payments 25 March 2025 VAT manual submissions and payments 28 March 2025 Excise duty payments 31 March 2025 End of the 2023/24 Financial year, VAT electronic submissions and payments, & CIT Provisional Tax payments where...
March 2025 Newsletter out now! You don’t want to miss this!
With Compliments SARS’ Queries, Audits and Compliance Requirements continue to be ever more frequent, onerous and focused on all taxpayers providing proof and rationale for the information submitted. Even if your taxes are up-to-date and compliant, you can still be...
Another motivational Richard Branson quote 🙌🏻
What Your Balance Sheet Says About Your Business
“It sounds extraordinary, but it's a fact that balance sheets can make fascinating reading.” (Mary Archer) A balance sheet reveals a company’s “book value” by showing what assets it owns, what liabilities it owes, and the equity or net worth attributable to its...
Budget 2025: The Minister of Finance Wants to Hear from You!
“Together, government and business can drive the messages that matter most, which are those of resilience, opportunity, and shared prosperity.” (Minister of Finance, January 2025) Finance Minister Enoch Godongwana has invited the public to share suggestions on the...
Happy Valentine’s Day! 😘
Simple mistakes TFSA investors continue to make
Article shared courtesy of: Paul Hutchinson, Ninety One | Access the article here, or view below " Tax-free savings accounts (TFSAs) were introduced in 2015 to encourage South Africans to save more. Some ten years later, we now have a sufficiently long track record to...
Are You Ready for the Next Provisional Tax Deadline?
“Death, taxes, and childbirth! There’s never any convenient time for any of them.” (Margaret Mitchell) What is provisional tax? Provisional tax allows corporate and individual provisional taxpayers to pay their annual income tax in advance by making two or three...
Building a Business: Should You Bring in Funders or Go it Alone?
“As an entrepreneur, one of the biggest challenges you will face will be building your brand. The ultimate goal is to set your company and your brand apart from the crowd.” (Ryan Holmes, Founder and CEO of Hootsuite) Trying to get a business off the ground is...
The Enormous Benefits of Non-Profit Collaborations
“The unfortunate need people who will be kind to them; the prosperous need people to be kind to.” (Aristotle) Strategic business partnerships are an integral part of any successful business and yet very few entrepreneurs think of the opportunities which arise from...
Keith Walker | Support Excellence Award for 2024 🙌🏻
Relaxing afternoon in the garden
Cobus Carstens | Employee of the Year for 2024 🙌🏻
Victor Seoka | Most Improved Employee of the Year for 2024 🙌🏻
Your Tax Deadlines for February 2025
Your Tax Deadlines for January 2025 07 January – PAYE submissions and payments. 20 January – End of Filing Season 2024 for Provisional taxpayers & Trusts. 24 January – VAT manual submissions and payments. 30 January – Excise duty payments. 31 January – VAT...
February 2025 Newsletter | With Compliments from MD
As your trusted registered Tax Practitioners, MD is here to guide you through the ever-increasing maze of complex Tax Legislation to ensure maximum efficiency and compliance in your tax affairs. We are proud of our tax team, which is managed by Juanita Roman, BTech (H...
Maximise Your Remuneration Planning and Save Tax | 2025
Maximise your company car or travel allowance with a detailed logbook If you have received a travel allowance or have driven a company car during the 2025 tax year, you need to record your mileage reading as of 28 February 2025. It is compulsory for taxpayers who...

























