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Department of Mineral Resources exemption notice
Notice on the Suspension of the Manufacturing Competitiveness Enhancement Programme (MCEP)
SAICA Notice: Retirement Reform – Latest Proposal Changes
The automated 2016 Fidelity Fund Certificate Applications and Certificate
Individuals are also required to submit a PAIA Manual in certain instances
All private bodies have to comply with The Promotion to Access of Information Act (PAIA) by the deadline date being 31 December 2015. The definition of “PRIVATE BODY” is as follows: a natural person who carries or has carried on any trade, business or profession, but...
G20 in layman’s terms
Article written by: Samantha Pillay (BCompt) | Intermediate Audit Trainee | MD Accountants & Auditors Inc. Recently I have come across the G20 summit, while watching one of my favourite series; it popped up as an advertisement and got my attention as I never knew...
Do I need to register for Workmen’s Compensation?
All employers who employ one or more workers in connection with their business or farming activities are required to register with the Compensation Fund. WHO IS AN EMPLOYER? All persons who employ one or more employees, in connection with their business or farming...
Commencement of Trumping Provision of the Broad-Based Black Economic Empowerment Amendment Act
The Minister of Trade and Industry, Dr Rob Davies has announced that the Trumping Provision of the Broad-Based Black Economic Empowerment Amendment Act, 2013 (ACT NO. 46 OF 2013) will commence with effect from the 24 October 2015. This is in line with ACT NO. 46 OF...
Staff braai
A Debtors Clerk’s Perspective
Article written by: Sajidah Khan | Debtors Clerk and Frontline Administrator | MD Accountants & Auditors Inc. Building relationships with your clients is the cornerstone to being a progressive and happy debtors clerk. Of course things are never as seamless as you...
National Bandana Day – 12 October 2015
Click here to find out more.
Mid-Year Reconciliation – August 2015 due to SARS by 31 October 2015
The Bi-annual August 2015 PAYE reconciliation period is from 1 September 2015 - 31 October 2015. - 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 2015 to 31...
Critical Value Add Service for all Businesses
We have seen a significant increase in South African Revenue Service’s (SARS’) performance of audits as provided for in the Tax Administration Act of 2011 and other tax legislation. According to the 2013/2014 SARS Annual Report, SARS conducted in excess of 1.8 million...
B-BBEE Status Levels for EMEs and QSEs, and the validity of sworn affidavits
We welcome Andre!
A warm welcome to Andre Bothma who starts with us today in the Tax Department as a Tax Technical Assistant.
Promotion of Access to Information Act (PAIA) Manuals MUST be submitted by December!
The Promotion of Access to Information Act (PAIA) requires that all public and private bodies compile a Section 51 Manual, a signed copy of which must be submitted to the South African Human Rights Commission (SAHRC) by 31 December 2015. Failure to comply with the...
Circular on Acceptance of Sworn Affidavits in terms of new Codes of Good Practice
Well done to all the MD staff who donated items to St Anne’s Homes in honour of Women’s Month!
Why Should I Keep My Share Register?
I’ve recently had several people tell me that they struggle to get their clients to bother keeping their company secretarial records. So what can you say to get your clients to change their mind? How about telling them they could face a fine of up to a million rand,...
The New Auditor’s Report
This article was of interest and selected as a blog post by: Jennifer Whitehouse CA (SA) | External Audit Consultant The audit report which we have all become familiar with is expected to take on a new format effective for financial periods ending on or after 15...
Administration Assistant
Article written by: Keith Walker | Administration Assistant | MD Accountants & Auditors Inc. Fifteen years ago I never thought that my job title would be Administration Assistant. I thought that I would be working somewhere that was outside the office environment...
Tenders: race taking precedence over prices?
Johannesburg - Indian and coloured men could find their companies last in the race for public tenders if the government’s amended procurement legislation for small businesses gets the go-ahead. Under the proposed changes to the Preferential Procurement Policy...
Move your accounting system onto the cloud at a reduced rate
As Sage One Advisers, we have been invited to extend the following Sage One promotion to our customers. Should you wish to move your accounting system online (onto the cloud), we can assist you with the process of obtaining the promotional discounted amount of R120...
The MD staff took part in Slipper Day 2015!
Stress in the Workplace
Article written by: Jenine Mentoor | Junior Accountant | MD Accountants & Auditors Inc. Many people are faced with the question, ‘Am I too stressed at work?’ This is brought on by the feeling of being inadequate. Fear not fellow employees, the cavalry has...