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Congratulations Wajiha!
CONGRATULATIONS! "Today marks a significant day in the career of any aspiring Chartered Accountant – the end of your articles!! Congratulations I hope that you have enjoyed the process and learnt much to better equip you in your future career!" - MD Partner Thank you,...
SARS Publishes Tax Guide for Small Businesses
SARS has published a tax guide for small businesses. The guide contains information about the tax laws and some other statutory obligations applying to small businesses. It describes some of the forms of business entities in South Africa, namely sole proprietorships,...
Congratulations Tatenda on your baby boy!
Congratulations to Tatenda and Blessmore on the birth of their baby boy, Hilary, on 19 September 2022 We wish you every happiness and joy together!
The MD Team | October 2022
Congratulations Fatima!!!
Congratulations Fatima Bapukee on working so hard and completing your SAICA Articles We are very proud of you! Fatima Bapukee | Associate
25 Years of Partnerships
15 October 2022 Today marks a special milestone for us as we celebrate our Silver Anniversary at MD. As part of our celebrations, we shared the afternoon with our Team of staff and our consultants, most of whom are ex-MD staff members and remain as part of our wider...
Personal Income Tax: Auto Registration will be initiated from October 2022
As the South African Revenue Service (SARS) has announced that automatic registration will be initiated for Personal Income Tax for an individual that is not registered for tax, but SARS detects 3rd party data that indicates economic activity. The person is...
5 Years with the MD Team and counting…
Congratulations. 02 October 2017 (2022)
The Team
MD Celebrating 25 Years in Partnership!
Employment Equity amendments
EMPLOYMENT LAW Q&A on the Employment Equity Amendment Bill "This alert highlights key amendments to the Employment Equity Act 55 of 1998 in terms of the Employment Equity Amendment Bill. Subject to any last minute constitutional concerns, the signing of the bill...
SOUTH AFRICA | System update: SARS no longer utilising IT14SD forms for corporate income tax verifications
"The South African Revenue Service’s (SARS) core function is the efficient and effective administration of tax Acts." Click on the image below to read further: Post shared courtesy of: Cliffe Dekker Hofmeyr Written by: Tsanga Mukumba
SARS Guide on Taxation in South Africa 2022
SARS has published a Guide on Taxation in South Africa in 2022. It is a general guide providing an overview of the most significant tax legislation administered in South Africa by the Commissioner for SARS, including the: Customs and Excise Act; Disaster Management...
SARS EMP501 Interim Submission – August 2022 period
The Bi-annual August 2022 PAYE reconciliation period is from 19 September 2022 - 31 October 2022. All employers must prepare and submit their declaration (EMP501) and employees’ IRP5’s to SARS reconciling the PAYE/SDL/UIF paid during the period 1 March 2022 to 31...
Leave your dependants a lasting gift
AS IT IS WILLS MONTH MAKE SURE THAT YOUR FINAL WISHES COME TRUE As Professional Executors and Estate Planners, it is frustrating to see a family torn apart by conflict or financially devastated due to a badly drafted or outdated Will and Estate Plan. Even worse is...
Nadia and Lauren’s MD Farewell Lunch
In the past week, we had a staff lunch to say farewell to Nadia who left us on 26 August, and Lauren who leaves us midway through September. We thank you both for all that you have done for Team MD, and we wish you both all of the very best in your future...
Congratulations Alexis Sacks!!! Comrades Marathon 2022!!!
A BIG congratulations to Alexis for completing her 5th Comrades adventure this weekend! Alexis finished 14th in her age category, after training hard for many months on end, making every sacrifice required to prepare her to tackle one of the world's most prestigious,...
NEW PPRA NOTICE: Estate Agents Audit Report Submission Process Changes – August 2022
The online portal for submitting the property practitioner/estate agents trust audit report has not yet been updated for the new Act! Summary of changes: Online submission via the portal is still required The old template is to be used via the portal Interest declared...
SARS email scams phishing for personal data
South African Revenue Service (SARS) has warned taxpayers to be aware of emails or SMSs that ask for personal, tax, banking, and eFiling details. Taxpayers may receive random emails which are made to look as if they were sent from SARS but which are fraudulent emails...
Happy Women’s Day 2022!
This morning we celebrated our incredible team of MD women and enjoyed a Women’s Day breakfast at our offices. We also donated 70 sanitary towels from both our staff and management to the young girls at the underprivileged school, De Duine Primary in Lotus River, for...
DEVISING AND PUBLISHING a business RESCUE PLAN
"Assuming that you have followed the processes laid out in my previous articles on accepting and commencing work as a business rescue practitioner (BRP), you will by now − • Have gathered detailed financial information regarding the distressed business • Reviewed the...
Important Notice – Office Closure
Our office will be closed on Monday, 8th August as our staff take a well-earned long weekend after a challenging work period but also (for trying to decipher Eskom’s load shedding schedule these last few weeks). We will respond to all emails upon our return on...
Congratulations Lauren Daniels!
Lauren has passed her Board exam, she is now a Professional Accountant (SA). Well done Lauren! Congratulations, and keep up the good work!
Department of Labour 22nd Employment Equity Report
The Department of Labour recently released their annual report covering progress in their strategic objectives and providing highlights from the previous twelve months. It also details the workforce demographic distribution of the Economically Active Population (EAP)...
MD’s Current News | May – July 2022
A lot has happened in the last few months! Please find the summary of our latest news below. MD Taxation Blog The Start of 2022 Tax Season - What you need to know to save you time and costs!! Companies: How Will the Reduced Tax Rate and Assessed Loss Rules Affect You?...