SARS detects a high number of suspicious VAT registrations
- May
- 15
- Posted by MDACC
- Posted in Finance Blog

VAT SARS detects a high number of suspicious VAT registrations SARS has indicated that R381 billion in refunds were paid in the fiscal year 2022/23, of which R319 billion were VAT refunds. With the substantial increase in applications for VAT registrations, SARS has identified an increase in questionable VAT vendor registrations. Resulting in SARS performing […]
read moreMD Accountants & Auditors Inc. | Budget 2022
- Feb
- 24
- Posted by MDACC
- Posted in Finance Blog, FYI's, Taxation Blog
Budget Speech 2022 | How it affects you and your business
- Feb
- 23
- Posted by MDACC
- Posted in Finance Blog, FYI's, Taxation Blog

In his 2022 budget speech, Finance Minister Enoch Godongwana revealed a more positive picture for government’s finances. The South African Revenue Service took in R182 billion more than expected in the past year. These stronger revenues allowed the Minister to announce a number of tax relief measures. “Now is not the time to increase taxes […]
read moreNEW Draft Companies Amendment Bill – Snapshot Of Key Proposed Amendments
- Oct
- 06
- Posted by MDACC
- Posted in Finance Blog

NEW Draft Companies Amendment Bill – Snapshot Of Key Proposed Amendments A new draft of the Companies Amendment Bill has been published. Although the Bill clarifies many important company law issues; several ambiguities related to the current Act remain. By Madelein Burger – Oct 4, 2021 Madelein Burger, Partner at Webber Wentzel Post shared from: […]
read moreCrypto Assets – Part 2
- Jul
- 21
- Posted by MDACC
- Posted in Finance Blog

Article written by: Clyde von Willingh Part 2 article Please contact us for assistance: Tel: +27 (0)21 683 4834 | mdacc@mdacc.co.za | www.mdacc.co.za Clyde von Willingh | Senior Auditor | clyde.vonwillingh@mdacc.co.za Audit Department Crypto Assets – Part 1
read moreCrypto Assets – Part 1
- Jul
- 21
- Posted by MDACC
- Posted in Finance Blog

Article written by: Clyde von Willingh Part 1 article Please contact us for assistance: Tel: +27 (0)21 683 4834 | mdacc@mdacc.co.za | www.mdacc.co.za Clyde von Willingh | Senior Auditor | clyde.vonwillingh@mdacc.co.za Audit Department Crypto Assets – Part 2
read moreManaging your business during these challenging times
- Aug
- 11
- Posted by MDACC
- Posted in Finance Blog, FYI's

MD’s email sent out for this post | https://bit.ly/3kwOaMd As we emerge from the challenges of lockdown, we know that one of the largest issues facing business owners is cash flow management. We all need to review our cashflow commitments, revisit our business plans and rethink our strategy in our “new normal”. We have included […]
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