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MD’s new electronic signature process
MD's email sent out for this post | https://bit.ly/3gJoWsR In line with the new POPIA and IRBA requirements and in our move towards a more paperless and efficient environment, we are now making use of Adobe Sign where documents are signed electronically. You...
Increase in UIF Contributions with effect from 1 June 2021
The Minister of Finance has issued an official notice to increase the monthly maximum remuneration for Unemployment Insurance Fund (UIF) contributions to R17 712 with effect from 1 June 2021 onwards. This means that the monthly UIF contribution per respective...
POPIA Notice
Kindly find a link to our POPIA Notice regarding our policies relating to the collection, processing and storing of your Personal Information. Please contact us should you have any queries in this regard. If you do not contact us, we shall assume that you have read,...
Reminder – Deadline for February 2021 EMP501 Employer submission to SARS 31 May 2021
MD's email sent out for this post | https://bit.ly/3v2pMHo SARS is reminding Employers to submit the annual February 2021 payroll information to them on or before the deadline of 31 May 2021. Employers who comply fully, in turn, make it easier for their own...
SARS and NPA: Joint media statement on prioritising tax crime
The Commissioner of the South African Revenue Service (SARS) – Mr Edward Kieswetter, and the National Director for Public Prosecution (NDPP), Advocate Shamila Batohi, have agreed to further enhance collaboration and deal with key challenges of tax crime and...
Was your Will signed in the presence of witnesses? Is it valid?
MD's email sent out for this post | https://bit.ly/3tRqq9f I gave instructions to prepare a Will for me as my most recent Will no longer reflected my wishes. I received my Will with clear instructions as to how I should go about signing the Will. I asked my...
Business tips for surviving difficult times
Click on the images below for the tips provided:
SA’s Black Industrialists Programme gets its first report card
SA’s Black Industrialists Programme gets its first report card ‘Many lessons learnt’; will be used to make ‘the funding support of government more targeted and efficient’ – Patel. By Barbara Curson 14 May 2021 00:01 ...
MD’s Current News | May 2021
MD's 2021 News | May 2021 MD's FYI Blog Posts Extended COVID-19 TERS relief for certain categories of employees - 1 January 2021 to 15 March 2021 now open! ASA Newsletter April 2021 Article by Dave Rich Extended COVID-19 TERS relief for certain categories of...
OFFICE SPACE TO LET in a building occupied by a firm of Chartered Accountants, Kenilworth, Cape Town
This beautiful complex is conveniently situated in the heart of Kenilworth, on a racecourse. It offers 24-hour security, favourable parking ratios, and lush landscaping. It is a lifestyle premises away from the busy CBD and heavy Cape Town traffic, but close to public...
Did you know that you will be bound by POPIA from 1 July 2021?
Email sent out for this post | https://bit.ly/2SlhPhN We refer to our correspondences relating to POPIA (The Protection of Personal Information Act). We would like to stress that compliance with POPIA applies to all persons who process personal information in...
Extended COVID-19 TERS relief for certain categories of employees – 1 January 2021 to 15 March 2021 now open!
Email sent out for this post | https://bit.ly/3emUGnD The Department of Labour has now opened the claims for the period 1 January 2021 to 15 March 2021 for specified sectors only (see Phase 1 below) Please note that only certain categories of employees can...
Protect your loved ones with a professionally prepared Will
Email sent out for this post | https://bit.ly/3urilJt When last did you update your Will? A Last Will and Testament is the subject of much procrastination which often gets signed, placed somewhere for safekeeping, and then forgotten about. Please don’t make...
POPIA: Unpacking the role of an information officer
Post shared courtesy of: cliffedekkerhofmeyr.com CDH marketing communications POPIA: Unpacking the role of an information officer Written by Preeta Bhagattjee and Reece Westcott With the relevant sections of the regulations issued under the Protection of...
NOTICE TO ALL EMPLOYERS – W.As8 /Return of Earnings 2020 (February 2021 period)
MD email sent out for this post | https://bit.ly/2Pn68pJ The 2020 Return of Earnings (ROE) for Compensation for Occupational injuries and Diseases Act (COIDA) submission deadline was extended to 31 May 2021. This return relates to the payroll tax year...
Tax evaders should face jail time to curb rising non-compliance – Judge Dennis Davis
Retired Judge Dennis Davis wants tax evaders to end up behind bars. He believes it will be a real deterrent as the idea of going to jail certainly “concentrates the mind”. He says the fact that people own luxury cars and mansions, but pay very little tax is offensive,...
ASA Newsletter April 2021 – Article by Dave Rich
Dave's published article in SAICA Accountancy SA - click on the "From Distress to Success" image below: https://www.mdacc.co.za/index.php/departments/partners/partner-dave-rich/ https://www.mdacc.co.za/index.php/business-rescue/
Domestic employees will now be entitled to compensation if they are injured or contract diseases while on duty
With effect from 10/03/2021, ALL employers of Domestic employees are required to register with the Department of Compensation for Occupational Injury and Diseases (COIDA) and submit the necessary annual returns. This means that Domestic employees will now be entitled...
POPIA – ARE YOU READY?
MD's email sent out for this post | https://bit.ly/39Tf5hF The POPIA (The Protection of Personal Information Act) compliance deadline is 30 June 2021. If you have not yet attended to the development of a POPIA implementation and compliance framework to ensure...
Justice on 100 day countdown to be POPIA compliant
24 Mar 2021 Today marks 100 days to the deadline for public and private bodies to ensure that their processing of personal information conforms to the Protection of Personal Information Act (POPIA). In preparation for the full implementation and enforcement of POPIA...
2021/2022 MD Tax Card is now available!!!
Click on the image below for MD's current Tax Card for your easy referral (2021/2022): Prior years MD Tax Cards and MD Tax Guides here.
Extended COVID-19 TERS relief for certain categories of employees
Email sent out for this blog post | http://bit.ly/38HkQOH The Department of Labour has announced that the extended period from 16 October 2020 to 31 December 2020 is now open. The claims for the period 1 January 2021 to 15 March 2021 will be opened at a later...
MD Accountants & Auditors Inc. | Budget 2021
Click on the image below for the PDF summary document:
MD’s Current News | February 2021
MD's email sent out for this post | https://bit.ly/2MvLVNc MD's 2021 News | February 2021 MD Fyi Blog MD Accountants & Auditors Inc - Section 12J webinar FORFEITURE OF SEVERANCE PAY Businesses reminded of City support to offer relief Changes to the South...
MD Accountants & Auditors Inc – Section 12J Webinar
Thank you to those of you who were able to attend last week’s Section 12J session, for those of you who were unable to attend, you can watch the recording of the webinar, by clicking here. Below is a short summary of each of the Section 12J investments, as well as a...