FYI Blog

As a firm, we have watched with horror as the violence and looting have taken hold of various parts of our country over the past week. We know that this has shaken many of our clients and colleagues as they have watched these events unfold against the backdrop of the...

DISCLAIMER: Please be aware that URL links in this article will take you to an external website We have spoken to several clients to see how they are managing the devastating violence and rioting taking place in parts of South Africa. From our discussions, there are...

MD's 2021 News | May 2021 MD's FYI Blog Posts Extended COVID-19 TERS relief for certain categories of employees - 1 January 2021 to 15 March 2021 now open! ASA Newsletter April 2021 Article by Dave Rich  Extended COVID-19 TERS relief for certain categories of...

This beautiful complex is conveniently situated in the heart of Kenilworth, on a racecourse. It offers 24-hour security, favourable parking ratios, and lush landscaping. It is a lifestyle premises away from the busy CBD and heavy Cape Town traffic, but close to public...

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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...

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...

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,...

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...

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...

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...

MD's email sent out for this post | https://bit.ly/3lpllBw   MD's FYI Blog MD's Taxation Blog MD's B-BBEE Blog MD's Finance Blog MD's CoSec Blog CA(SA) DotNews Monthly Newsletters Staff News Click on the image below to access the email: Contact us to help you to...

MD's dedication to our client, Daphne Olivier Congratulations on the incredibly special milestone of your 100th Birthday!!! ~ 11 October 2020 ~ A big Congratulations to Daphne, an amazing lady, and MD's oldest client. This is a remarkable milestone and we are so...

"Message from our Chairperson and Vice-Chairperson Coming off the back of a very difficult year, President Cyril Ramaphosa yesterday announced a post-Covid economic reconstruction and recovery plan, see attached. “This economic shock is unprecedented in our country,...

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Updated | Employment Revival Guide: Alert Level 1 Regulations Compiled by CDH’s Employment Law team "Following a sustained decrease in the number of active COVID-19 cases nationwide, on 16 September 2020, President Cyril Ramaphosa announced that South Africa would...

MD's email sent out for this post | https://bit.ly/2FllPbH   We have seen many changes with the COVID-19 Temporary Employee Relief Scheme (TERS) applications and processes over the last 5 months, but we have still had success with most of our applications....