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2025/2026 Tax Card

2025/2026 Tax Card

2025/2026 Tax Card | Click on the images below for all necessary information   Please get in touch with our offices directly at +27 (0) 683 4834, should you have any queries.  Prior years' MD Tax Cards and MD Tax Guides here

Budget 3.0: VAT Increase Out, Fuel Levy Hikes In

Budget 3.0: VAT Increase Out, Fuel Levy Hikes In

Last month’s Budget 3.0 withdrew the contentious proposed VAT changes. This resulted in inflation-linked fuel levy increases of 16c for petrol and 15c for diesel, from 4 June. Other tax proposals from March’s Budget – including static personal tax thresholds, reduced...

How to Untangle Your Personal and Business Finances

How to Untangle Your Personal and Business Finances

“Mixing personal and business finances might seem harmless, but it’s a costly mistake that can lead to tax headaches, legal risks, and financial chaos.” (Amanda Painter) Mixing personal and business finances is so easy, particularly at the beginning. The company needs...

Youth Day: How Businesses Can Benefit from the ETI

Youth Day: How Businesses Can Benefit from the ETI

“Trust the young people; trust this generation's innovation. They're making things, changing innovation every day.” (Jack Ma, Co-Founder Alibaba Group) South African businesses are always looking for ways to foster growth and innovation while still reducing costs. One...

5 Tips for Helping Your Employees Through a Crisis

5 Tips for Helping Your Employees Through a Crisis

“When people are financially invested, they want a return. When people are emotionally invested, they want to contribute.” (Simon Sinek) Employee engagement. It determines so much about the direction of a company, its staff productivity and how likely it is to...

Tax Avoidance vs Tax Evasion: Toeing the Line

Tax Avoidance vs Tax Evasion: Toeing the Line

"The difference between tax avoidance and tax evasion is the thickness of a prison wall." (Denis Healey, former UK Chancellor of the Exchequer) The line between tax avoidance and tax evasion can sometimes appear blurry, especially in complex transactions or fierce tax...

Your Tax Deadlines for June 2025

Your Tax Deadlines for June 2025

06 June | PAYE submissions and payments 25 June | VAT manual submissions and payments 27 June | Excise duty payments 30 June | VAT electronic submissions and payments, & CIT Provisional Tax payments where applicable.   CONTINUE READING IN THE NEWSLETTERS...

MD’s June Birthdays

MD’s June Birthdays

Our June 2025 #TeamMD Birthday Celebrations! #June2025 #JuneBirthdays #HappyBirthday #PartyTime #TeamMD #MDTeam #celebrations #MDAccountants

Consequences of Non-Compliance with Directors Duties

Consequences of Non-Compliance with Directors Duties

We are often asked what the Director’s Duties and Obligations are, and this has now been clarified in Guideline 1 of 2025, which details the consequences of non-compliance of Directors' duties, including the: Duty to Act in Good Faith and for a Proper Purpose:...

Budget 2025 Tax Pocket Guide

Budget 2025 Tax Pocket Guide

SARS has also released an updated version of the “Budget 2025 Tax Pocket Guide”, which provides a useful summary of the tax tables and their impact on taxpayers.

How Budget 3.0 Affects You & Your Business

How Budget 3.0 Affects You & Your Business

CLICK HERE for all the information on How Budget 3.0 Affects You & Your Business!   On 21 May Finance Minister Enoch Godongwana delivered his third Budget Speech this year (“Budget 3.0”), telling South Africans that “this is not an austerity budget” and...

MD’s May Birthdays

MD’s May Birthdays

Our May 2025 #TeamMD Birthday Celebrations! #May2025 #MayBirthdays #HappyBirthday #PartyTime #TeamMD #MDTeam #Celebrations #MDAccountants

Employment Equity Act Repeal: Where Do Employers Stand Now?

Employment Equity Act Repeal: Where Do Employers Stand Now?

In a parallel development, the government has moved forward with the partial repeal of sections of the Employment Equity Act, particularly those related to Section 53 — the controversial procurement compliance clause requiring a certificate of compliance for companies...

Mind The Tax Gap! Here’s How…

Mind The Tax Gap! Here’s How…

“In 2025/26, SARS will focus on addressing the tax gap to improve revenue collection.” (National Treasury Budget Review)   With additional funding from the National Treasury, SARS will now be better positioned than ever to collect the estimated R800 billion in...

PAIA Submissions

PAIA Submissions

We refer to the recent notice from the Information Regulator in accordance with section 83(4) of PAIA. The Regulator has requested the submission of the Annual Report from all Private Bodies by 30 June 2025, detailing requests for access to records received and...