FYI Blog
South Africa’s TERS Corona Virus funding extended
"The Department of Employment and Labour has extended the Covid-19 Temporary Employee / Employer Relief Scheme (TERS) to 15 September 2020. The TERS applies to employers who are facing distress and are unable to pay salaries due to the lockdown. The payments are part...
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New Announcement!!!
MD's email sent out for this post | https://bit.ly/31vFHBL We are excited to announce that with the relaxation of Lockdown to Level 2, our team are returning to the office to resume office-based operations from MD House on 1 September! During the past 6 months,...
TERS – final opportunity to claim – Do not Miss out!
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...
Corporate & Commercial and Oil & Gas Alerts
Post courtesy of: Cliffe Dekker Hofmeyr Corporate & Commercial Common issues to consider when purchasing a business: assets and price calculation Oil & Gas PART 7 | Draft Upstream Petroleum Resources Development Bill, 2019: The granting, suspension,...
Managing your business during these challenging times
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...
MD’s Current News | August 2020
MD's email sent out for this post | https://bit.ly/3kDs1My (all post links included) News Library MD FYI Blog Posts MD Taxation Blog Posts MD Finance Blog Posts MD CoSec Blog Posts CA(SA) DotNews Monthly Newsletters We draw your attention to the importance of the...
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Working from home & possible tax deductions – do you qualify?
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...
NEWS JUST IN – COVID-19 TEMPORARY EMPLOYEE RELIEF SCHEME (TERS) HAS BEEN EXTENDED BY 6 WEEKS!
MD's email sent out for this post | https://bit.ly/2WHUZAw We all are breathing a sigh of relief as TERS is extended until 15th August 2020!...
Mandatory grant submissions extension to 31 July 2020
Use this opportunity to recoup your Skills Development Levies, receive cash grants for learners and generous tax savings for learnerships. By submitting your Workplace Skills Plans to your SETA by 31 July 2020, you will receive all these benefits and be eligible for a...
Dave Rich, a member of SARIPA since 2013!
Well done Dave! Certificate can be clicked on below to view in full: https://www.saripa.co.za/ Dave Rich | Partner
Alexis Sacks is welcomed as a member of SARIPA this month!
Well done Alexis! Certificate can be clicked on below to view in full: https://www.saripa.co.za/ Alexis Sacks | Partner
Minister Mboweni’s Supplementary Budget Speech – Key points
Post shared courtesy of | ProfMark Liduma lidlule! The storm shall pass! The purpose of the supplementary budget is obviously due to the historic nature of this pandemic and economic downturn. A second adjustments budget in October will be tabled together with the...
MD’s Business Rescue Practitioners (BRP’s)
Congratulations to Alexis who is now also a registered BRP! And to Dave, who is already a registered BRP - updated certificate below. DAVE RICH ALEXIS SACKS https://bit.ly/2N9o5Dp Partner, BRP https://bit.ly/30XS8pO Partner, BRP
BUSINESS RESCUE, LIQUIDATION OR S155 COMPROMISE OF CREDITORS?
Business Rescue, Liquidation or S155 Compromise of Creditors? Click on the image above for the full document available. Infographic courtesy of: SARIPA Young Bloods Western Cape SARIPA website Our Business Rescue information page |...
Covid-19 News Alert: Level 3 Office Protocols
MD's email sent out for this post | https://bit.ly/30PK4Yd We hope you are all well and taking the necessary precautions to stay safe during this time. As you know, South Africa has moved into level 3 lockdown as of 01 June 2020. This means that MD employees have been...
SARS Error with EMP201 submission on 5 June 2020
MD's email sent out for this post | https://bit.ly/2MSOTI8 Last Friday, 5 June 2020, SARS had e-filing technical difficulties which prevented some employers from requesting/submitting the required May 2020 EMP201 to SARS. Although the matter was resolved by SARS by...
MD’s 2020 News | June
MD's email sent out for this post | https://bit.ly/2MXTetL 📌 MD COVID-19 Advices 📌 MD Taxation Blog 📌 MD B-BBEE Blog 📌 MD CoSec Blog 📌 CA(SA) DotNews Monthly Newsletters We draw your attention to the importance of the above blog...
Important changes to payroll Covid-19 measures – 01 April 2020 to 31 July 2020
MD's email sent out for this post | https://bit.ly/2UbLnMV On 21 April 2020, further tax relief measures were announced by the President and SARS has since clarified a few finer points which have an impact on your payroll (which includes some back-dating of...