2nd 2021 Provisional Tax Information Request
- Jan
- 18
- 2021
MD’s email sent out for this post | https://bit.ly/3sBo92A We are in the process of preparing the second provisional tax returns for the 2021 tax year, due for submission to SARS by 26 February 2021. We would, therefore, appreciate it if you could furnish us with either a copy of your latest payslip OR the total of […]
read moreCOIDA: EXCLUSION OF DOMESTIC WORKERS INVALID: Employers’ contributions cannot be backdated
- Dec
- 09
- 2020
COMPENSATION FOR OCCUPATIONAL INJURIES AND DISEASES ACT EXCLUSION OF DOMESTIC WORKERS INVALID Employers’ contributions cannot be backdated by Jaco Swart The Constitutional Court, on 19 November 2020, confirmed an earlier judgment of the High Court which declared the exclusion of domestic workers from the definition of an “employee” for purposes of the Compensation for Occupational […]
read moreTERS – FINAL opportunity to claim – Do not Miss out!
- Nov
- 23
- 2020
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 […]
read moreRepayment of SARS Covid-19 Employees’ tax deferral – reminder of repayment obligation
- Oct
- 07
- 2020
MD’s email sent out for this post | https://bit.ly/3d8jwp6 During April 2020 the president announced certain measures to assist employers during the Covid-19 lockdown. One of these included a deferral of the monthly Employees’ tax due to SARS for qualifying employers. The deferral of 35% of the PAYE liability from 1 April 2020 – […]
read moreSARS EMP501 Interim Submission – August 2020 period
- Oct
- 06
- 2020
MD’s email sent out for this post | https://bit.ly/2HZH97R The Bi-annual August 2020 PAYE reconciliation period is from 15 September 2020 – 31 October 2020. – 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 2020 to 31 August 2020. […]
read moreTERS – final opportunity to claim – Do not Miss out!
- Aug
- 20
- 2020
MD’s email sent out for this post | https://bit.ly/31dHuew We have seen many changes with the COVID-19 Temporary Employee Relief Scheme (TERS) applications and processes over the last 4 months, but we have still had success with most of our applications. The final July/August 2020 claim period has now been opened (this would cover […]
read more2020/2021 MD Tax Card
- Aug
- 17
- 2020
MD’s email sent out for this post | https://bit.ly/2CxLJrC As we navigate these challenging business conditions and enter a period of ever-greater SARS oversight, we have printed an updated, easy to use tax card which we are sure you will find useful. Please visit our website to access the 2020/2021 tax card and the printed […]
read moreMD Tax Card 2020/2021
- Aug
- 13
- 2020
MD Tax Card 2020/2021 – click on the image below. Prior years MD Tax Cards and MD Tax Guides here.
read moreSARS Automatic Assessments for Individual Taxpayers
- Jul
- 29
- 2020
MD’s email sent out for this post | https://bit.ly/2BIAf4i In line with SARS’ new “auto-assessment” process, SARS will be issuing assessments automatically to some taxpayers without submission of a tax return. Auto assessments will be based on data received from employers and third-party data providers (e.g. medical schemes and financial institutions) – if you have […]
read moreWorking from home & possible tax deductions – do you qualify?
- Jul
- 24
- 2020
MD’s email sent out for this post | https://bit.ly/2ZWCyKo With the arrival of the Covid-19 international pandemic, more and more South Africans are adjusting to “the new normal”, with working from home becoming the current reality for many employees. As you may be aware, the travel costs between your home and your employer’s office are […]
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