All News. All Blogs.
Congratulations Sam on your 5-year anniversary at MD!
Congratulations Sam on your 5-year anniversary at MD! Thank you for so many lovely, smiling, and caring years. We look forward to many more together.
Congratulations to Cecelia on your promotion!
Congratulations to Cecelia on your promotion to Senior Tax Administrator - our own Tax Superstar!!
We welcome Saadiqah and Amelia to MD!
This month we welcome Saadiqah Peters and Amelia Nkuna to #TeamMD. Both join our Tax Department. Wishing you both every happiness and success at MD!
We say farewell to Chantal today
To Chantal who leaves us today to begin her new chapter. Thank you for everything these last 5 + years and we wish you every happiness and success in the future!
CIPC – Business Rescue – Practitioner Licensing for Dave Rich
#TeamMD beautiful morning walk
Stunning weather, crisp air, birds singing - thank you all for a lovely start to the day. [video width="368" height="656"...
Happy Women’s Day 2023
Michelle Obama said that "There is no limit to what we, as women, can accomplish." And we thank all the incredible women at MD who help us to accomplish our vision each and every day. Happy Women's Day!
Exciting news ahead of Women’s Day – Adjudicated Top Gender Empowered Company in the Accounting and Consulting Sector
"Dear Alexis, Endorsed by the Commission for Gender Equality, The Standard Bank Top Women is South Africa’s leading gender empowerment brand celebrating organizations in both the public and private sector for prioritizing gender empowerment as an integral part of...
We welcome Tatenda to MD!
Today we welcomed Tatenda Matsvayi to the MD Team We wish you every success in your role in the Audit and Accounting Departments!
New Requirements for PBO Donations
Public Benefit Organisations (PBO’s) play an important role in addressing the social, economic, and financial challenges in the South African society. Section 18A of the Income Tax Act provides for a tax deduction of up to 10% of a taxpayer’s taxable income in respect...
CIPC Beneficial Ownership and what is required
The Companies and Intellectual Property Commission (CIPC) is to keep a register of beneficial ownership (BO) for companies and close corporations that will serve as a repository of natural persons who own or exercise control over legal entities registered with the...
FICA and MD
The General Laws Amendment Act in December 2022 widened the FICA net for Accountable Institutions (A.I.) to include Accounting Firms as part of the greylisting requirements to curb money laundering. The Financial Intelligence Centre Amendment Act, 1 of 2017 brings...
1st 2024 Provisional Tax Information Request
We are in the process of preparing the first provisional tax returns for the 2024 tax year, due for submission to SARS by 31 August 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...
AWARENESS CAMPAIGN – REGISTRATION OF TRUSTS FOR TAX PURPOSES
AWARENESS CAMPAIGN - REGISTRATION OF TRUSTS FOR TAX PURPOSES SARS has issued a Notice clarifying that all resident Trusts and Qualifying non-resident Trusts are required to register for tax purposes and prepare annual financial statements With reference to the...
Meet the Team | Audit and Accounting, July 2023
We welcome Victor to MD!
Today we welcomed Victor Seoka to the MD Team We wish you every success in your role in the Audit Department!
The 23rd Annual Commission for Employment Equity Report released!
On Friday, 23 June 2023, the 23rd Annual Commission for Employment Equity Report was released. In a Media Statement released on www.gov.za, the following was stated: “The Commission for Employment Equity (CEE) Report continues to show a bleak and slow picture of...
PAIA – Deadline for section 83(4) report less than a week away
The Information Regulator published a notice on 7 May 2023, inviting all private bodies to submit a report by Friday, 30 June 2023, detailing requests for access to the records of these private bodies. This applies to: Natural persons who are/have previously carried...
Meet the Team | Audit and Accounting, June 2023
The Start of 2023 Individual Tax Season – What you need to know to save you time and costs!!
7 July 2023 is the official start of the 2023 Tax filing season – SARS is encouraging all taxpayers to use SARS e-filing channels to file their tax returns with amended deadline dates: Type of Taxpayer Channel Due Date Non-provisional and provisional taxpayers...
Trust Resolutions: A Majority of Trustees’ Decision is no longer binding on a Trust
Many trust deeds provide for ‘majority rule’ that if a decision is made by the majority of trustees and a resolution authorising the same is signed by the majority of trustees, the decision and accompanying resolution are valid. In May 2023 this was changed when the...
Congratulations Alexis Sacks!!! Comrades Marathon 2023!!!
A BIG congratulations Alexis on completing your 6th Comrades adventure this past weekend! After training hard for many months, making every sacrifice required to prepare you to tackle one of the world’s most prestigious, challenging, and enduring events. A dream goal...
MD’s 2023 News | March 2023 – May 2023
A lot has happened in the last few months! Please find the summary of our latest news below. MD Taxation Blog Interest Rate changes - June 2023 NOTICE TO ALL EMPLOYERS - W.As8/ Return of Earnings 2022 (February 2023 period) Section18 A update - 01 March 2023 PAYE...
Interest Rate Changes | June 2023
Click on the link or the image below: Table 3 Interest Rate on Fringe Benefit
We welcome Charlene!
This month we welcomed Charlene Pietersen to the MD Team We wish you every success in your role in the Tax Department!