MD Accountants & Auditors Inc. | Budget 2021

Click on the image below for the PDF summary document:

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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 African Exchange Control Rules  MD are now on Instagram too!!! Department of Employment […]

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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 video to take […]

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FORFEITURE OF SEVERANCE PAY

This recent case highlights the need for employees to approach retrenchments with care. Being too hard-nosed can be counterproductive.  Forfeiture of severance pay – “you snooze, you lose” December 2020 By GAEL BARRABLE AND MZAMO DANANA Cowan-Harper-Madikizela, Published in Employment Law The Labour Relations Act (66 of 1995), as amended (the LRA) envisages a meaningful, joint consensus-seeking […]

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Businesses reminded of City support to offer relief

05 January 2021 COVID-19 has had a significant economic impact, causing many businesses to suffer reduced income. In light of this, the City of Cape Town would like to remind businesses of the available support that can offer some relief. Businesses are reminded and encouraged to consider applying for the following offers of support where […]

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Changes to the South African Exchange Control Rules

Click here for the Webber Wentzel attachment: https://www.mdacc.co.za/wp-content/uploads/2021/01/Changes-to-the-South-African-Exchange-Control-Rules.pdf As background, in 2020 the Minister of Finance’s announced in the 2020 Medium Term Budget Policy Statement that the prohibition on “loop” structures for exchange control purposes would be relaxed. As a result, the South African Reserve Bank has advised that from 1 January 2021 the full “loop” […]

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MD are now on Instagram too!!!

Visit us on Instagram now too! For the latest information, news and blogs regarding MD and the financial industry!! https://www.instagram.com/mdaccountants/ MD Accountants & Auditors Inc. @mdaccountants Financial Leadership through Professional Excellence • Acc • AFS • Audit • B-BBEE • BR • Co Sec • Tax • Retail • Payroll • Consulting • #MDAccountants www.mdacc.co.za […]

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Season’s Greetings

Season’s Greetings from MD!   2020 was more than we could ever have envisaged when we all began 20plenty with such enthusiasm and excitement. We had just appointed our Associates and we were looking forward to another year of making a difference to our clients, colleagues, staff and communities. In March when we were all […]

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Department of Employment and Labour welcomes Constitutional court judgement on domestic workers

The judgement by the apex court affirmed the earlier decision last year by the High Court which found the exclusion unconstitutional. In the judgement, the court found that excluding domestic workers from the definition of employee excluded them from the “social security benefits provided for under the Compensation for Occupational Injuries and Diseases Act” Read […]

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TERS – FINAL opportunity to claim – Do not Miss out!

MD’s email sent out for this post | https://bit.ly/3fJ76FB   We have seen many changes with the COVID-19 Temporary Employee Relief Scheme (TERS) applications and processes over the last 8 months, but we have still had success with most of our applications. The Department of Labour has announced that the extended period for 16 September […]

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