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Farewell to Junaid and Congratulations to Memory
We say farewell to Junaid today and wish him every happiness and success in this new exciting adventure into Commerce. Thank you for being such an awesome team leader Junaid! We'll miss you. And, Congratulations Memory on passing your final Board exam! Very well done!...
MD’s Current News: December 2022 -> February 2023
A lot has happened in the last few months! Please find the summary of our latest news below: Taxation Blog Budget Speech 2023 | How it affects you and your business - Budget Speech and Tax Guide Budget Speech 2023 | How it affects you and your business MD's Top Tax...
We welcome two new staff members to our team
We welcome Rasheeka Achmed and Darren Theunis today who are joining us as a SAIPA Trainee, and a Senior Accountant/Auditor. Rasheeka has completed her Advanced Diploma in Accountancy at CPUT. Darren completed his SAIPA articles in 2020 and has since been in a Senior...
Budget Speech 2023 | How it affects you and your business – Budget Speech and Tax Guide
New earnings threshold effective 1 March 2023
As of 1 March 2023, South Africans will see the implementation of the increased annual earnings threshold determined by the Minister of Employment and Labour (Minister) in the amount of R241,110.59. This represents an increase of R17,030.11 from the previous amount of...
Budget Speech 2023 | How it affects you and your business
Click on the image below for further information:
Valentine’s Day
Happy Valentine's Day 2023!
MD Celebrations – Staff Braai, Valentine’s Day, Staff Awards, and Well Wishes for 2023!
Excerpts from Danie's speech made at the MD function last Friday: We are excited to welcome two new staff members starting on 06 March 2023. Rasheeka will be starting as a first-year SAIPA Trainee and Darren will be starting as an Audit/Accounting Senior. Then it’s...
MD’s Top Tax Savings Tips ahead of the Budget on 22nd February 2023
With the upcoming Budget on 22nd February 2023 and the end of the individual’s tax year looming on 28 February, the following comprehensive year-end tax planning guidance and “tax saving tips” can help you to minimise your tax burden and protect your wealth. Please...
MD’s Top Tax Savings Tips ahead of the Budget on 22nd February 2023 – Maximise Your Remuneration Planning and Save Tax
With the upcoming Budget on 22nd February 2023 and the end of the individual’s tax year looming on 28 February, the following comprehensive year-end tax planning guidance and “tax saving tips” can help you to minimise your tax burden and protect your wealth. Please...
MD’s Top Tax Savings Tips ahead of the Budget on 22nd February 2023 – Maximise Your Wealth Planning and Save Tax
With the upcoming Budget on 22nd February 2023 and the end of the individual’s tax year looming on 28 February, the following comprehensive year-end tax planning guidance and “tax saving tips” can help you to minimise your tax burden and protect your wealth. Be sure...
Updated Interest Rate Tables for January
SARS has published updated tables of interest rates. Copy of Table 3 Interest Rate on Fringe Benefit - 02.2023 These tables provide the average interest rates applicable to various tax matters, as follows: Table 1 – Interest rates on outstanding taxes and interest...
Congratulations to Danie Haumann – 20 year Anniversary with MD!!!
It's finally here Danie! Congratulations! It has been such a privilege being part of your journey over these 20 years from articles to Associate. You have always been committed to excellence and the vision of MD. We thank you for the value that you have added and...
20 Years with the MD Team and counting…
Congratulations. 26 January 2003 (2023)
Charles Back and Tim Atkin MW Celebrate 45 Vintages | Fairview
We are so proud of our client - a really great interview: Charles & Tim Atkin MW Celebrate 45 Vintages Incredibly, 2023 marks Charles Back's 45th vintage at Fairview! Since arriving back on the farm to assist his late father Cyril in the cellar in 1978, Charles...
2nd 2023 Provisional Tax Information Request
We are in the process of preparing the second provisional tax returns for the 2023 tax year, due for submission to SARS by 28 February 2023. We would therefore appreciate it if you could furnish us with either a copy of your latest payslip OR the total of your PAYE...
Guide on the Retention of Records
Updated Guide on the Retention of Records - 06 April 2022
5 Years with the MD Team and counting…
Congratulations. 08 January 2018 (2023)
SARS has made a big change to help taxpayers
https://businesstech.co.za/news/business/647621/sars-has-made-a-big-change-to-help-taxpayers-what-you-need-to-know/
The first of our 2023 monthly Newsletters – DON’T MISS OUT!
January 2023
Public benefit organisations: Proposed new requirements for section 18A receipts
"In a world buffeted by extreme weather events and social upheaval, assessing the performance of corporates has undergone a paradigm shift. No longer are financial ratios the only measure of success, as both customers and investors test companies’ impact on...
Why POPIA is actually valuable
Smart farming: IoT and your farming equipment Combined Agriculture, Aquaculture & Fishing, and Technology, Media & Telecommunications Alert - 30 November 2022 "The Internet of Things (IoT) is a term used to describe the connecting of physical objects to each...
SARS Interest Rates – Table 3 (“official rate of interest”)
interest_table3
BEE’s New Chapter
"There is no basis to say we are doing away with BEE." says finance minister Enoch Godongwana A lot of news has been circulating concerning BEE following the release of the Government Gazette 47452 on 4 November 2022. This document is an amendment to the Preferential...
National Treasury and SARS refine “two pot” retirement proposals in response to feedback
After wide consultation, National Treasury and SARS have made some changes and clarifications to the original proposals on introducing a “two pot” retirement system. On 29 July 2022, the 2022 Draft Revenue Laws Amendment Bill was released for public comment, setting...