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Warning signs for SA’s new BEE plan
Civil organisations and opposition parties have warned that the South African Government’s plan to evaluate government tenders only 50% on price and the rest on black empowerment will increase the cost of goods, harm service delivery and lead to corruption and abuse....
5 Years with the MD Team
Congratulations. 03 August 2010 (2015)
Congratulations to Jackie!
Congratulations to Jackie on her five years with MD! Well done Jackie!! We are glad to have you on our team!
Taxation of trusts revisited
The Davis Tax Committee's First Interim Report on Estate Duty (“DTC Report”) was released for public comment on 13 July 2015. In essence, the DTC Report proposes that “a highly progressive tax that patches loopholes, helps provide equality of opportunity and reduces...
To be or not to be? That is the 14% question!
Article written by: Fatima Bapukee | Accounting Manager | MD Accountants & Auditors Inc. Pre 2008 you would have had to be registered for VAT if your turnover was over R300 000 per annum. When SARS introduced the increase in the threshold to R1 million, many...
Staff Team Building: Ten-Pin Bowling
Are you required to submit a tax return for SARS?
Taxpayers seem to be unsure as to whether they are required to actually submit an actual income tax return to SARS or not. You do not have to submit a tax return if your total Gross remuneration (ie salary, bonuses etc) for the year is below R350 000 AND you meet the...
Another reason why you should use us for all your B-BBEE requirements! We are already members of the professional body for the B-BBEE industry!
Two empowerment associations are merging. Johannesburg - The Association of B-BBEE Professionals and the National Association of BEE Consultants (NABC) are merging to form a single professional body for the broad-based black economic empowerment (B-BBEE) industry. The...
Well done to all the MD staff who donated 72 items to the SPCA for Nelson Mandela Day!
Application of Section 22, Companies Act 71 of 2008 on Close Corporations
The CIPC have issued a guidance note on the application of Section 22, Companies Act 71 of 2008 on Close Corporations.
5 Reasons you Still Need to File your Tax Return in 2015
SARS has recently communicated that if you earn less than R350,000 in a year, and fulfil a series of complicated criteria, you may not have to file a tax return in 2015. However, we advise you to take GREAT CARE here, and understand your duties properly, because if...
How We Can Help You
If B-BBEE is a strategic imperative and business opportunity, engage MD Accountants & Auditors Inc. to assist you with strategy and compliance. Broad-Based Black Economic Empowerment (B-BBEE) is arguably the greatest strategic issue, challenge, threat and...
Regulations for Reserving a Name or Changing the Name of an Entity
Article written by: Jaclyn Ross | Company Secretarial Assistant and Personal Assistant | MD Accountants & Auditors Inc. There are four different options to register a name for an entity, these include: 1. Changing the name with the CIPC 2. Registering a...
Draft amendment B-BBEE tourism sector codes gazetted
Trade and Industry Minister Rob Davies has gazetted the Draft Tourism B-BBEE Codes in terms of Section 9 (5) of the Broad-Based Black Economic Empowerment (B-BBEE) Amendment Act. According to the Department of Trade and Industry (dti), the draft Tourism B-BBEE Codes...
Tourism Sector Codes Amendment Draft 30062015 issued for comment
Broad-based Black Economic Empowerment Act: Codes of good practice: Tourism Sector Codes: Amendment: Draft
Start of the 2015 Tax Season
1 July 2015 officially starts the 2015 tax season and SARS is encouraging all taxpayers to use SARS e-filing channels to file their tax returns and avoid those never-ending queues at the SARS offices!!! SARS is advising taxpayers to use their updated “Help-You-eFile”...
5 Years with the MD Team
Congratulations. 01 June 2010 (2015)
15 Years with the MD Team
Congratulations. 02 February 2000 (2015) (now VA Consultant to MD)
10 Years with the MD Team
Congratulations. 05 January 2004 (2014)
5 Years with the MD Team
Congratulations. 14 January 2008 (2013) (now Audit Consultant to MD)
5 Years with the MD Team
Congratulations. 01 August 2005 (2010)
Accountancy South Africa (ASA) magazine articles written by Dave Rich on Business Rescue
SAICA News | Articles written by: Dave Rich The October 2021 ASA edition has two articles on Business Rescue. The April 2021 ASA included another article written by Dave Rich. MD's Complete Library to Relevant Business Rescue Information, click here: ***...