FYI Blog

MD’s Current News | April 2022

MD’s Current News | April 2022

MD's 2022 News | January - April 2022 A lot has happened in the last few months! Please find the summary of our latest news below: Taxation Blog 2022/2023 Tax Card NB: EXCON changes in Budget NOTICE TO ALL EMPLOYERS - W.As8/ Return of Earnings 2021 (February 2022...

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Budget Speech 2022 | How it affects you and your business

Budget Speech 2022 | How it affects you and your business

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...

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Employee share incentive schemes – Income tax implications

Employee share incentive schemes – Income tax implications

EMPLOYEE SHARE INCENTIVE SCHEMES – INCOME TAX IMPLICATIONS INTRODUCTION It is important for taxpayers who claim deductions in respect of contributions to share incentive arrangements for employees, particularly where trusts are involved, to consider the potential...

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Employment Law Alert

Employment Law Alert

From 01 March 2022, the annual earnings threshold determined by the Minister of Employment and Labour has been increased to R224,080.48. This represents an increase of R12,484.18 from the previous amount of R211,596.30, which has been in effect since 01 March 2021. -...

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January 2022 Newsletter Introduction

January 2022 Newsletter Introduction

As we begin the new year with hope for a kinder 2022 and with many long-standing and personal relationships being one of the cornerstones of our business, we include a summary of our value-added professional services which may assist you in the year to come.  We are...

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MD’s Current News | November 2021

MD’s Current News | November 2021

A lot has happened in the last two months! Please find the summary of our latest news below: Taxation Blog Posts Tax Chronicles November 2021 | Misleading Advice to Expatriates Tax & Exchange Control Alert - 16 September 2021 SARS EMP501 Interim Submission -...

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TIM ATKIN MW SA REPORT 2021 // A BIG NIGHT FOR FAIRVIEW!

TIM ATKIN MW SA REPORT 2021 // A BIG NIGHT FOR FAIRVIEW!

We are so proud of our client and Charles Back as they continue to excel and inspire in these interesting times. Charles’ innovation in the wine-growing and winemaking industries is world-renowned! We are so grateful to have been a part of their journey. Click here...

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Employment Equity Submissions from 1 September 2021

Employment Equity Submissions from 1 September 2021

Are you required to submit your employment equity forms? The current definition of a designated employer is as follows: An employer who employs 50 or more employees, An employer who employs fewer than 50 employees, but has a total annual turnover as reflected in...

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Best Wine Farm experience… Spice Route are the winners!!!

Best Wine Farm experience… Spice Route are the winners!!!

We are so very proud of our client who continues to lead the way, not only with their award-winning wines but in their offering that they present to the thousands of local and international visitors to the farm. Spice Route details - Facebook | website We are so proud...

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Important Notice – MD Contact details

Important Notice – MD Contact details

In aligning ourselves with the new work environment we recently migrated our switchboard from a fixed to a data landline. Some clients have recently told us about problems being experienced with the answering of our switchboard line. It is important to note that we no...

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MD’s Current News | August 2021

MD’s Current News | August 2021

A lot has happened in the last two months! Please find the summary of our latest news below: MD Taxation Blog New SARS Tax Relief Measures  The widening of Criminal sanctions Extended COVID-19 TERS relief for certain categories of employees - Level 4 - now open! 1st...

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SAICA’s action plan in response to the recent unrest

SAICA’s action plan in response to the recent unrest

A follow-up to our email to clients and what our profession is doing: SAICA's action plan in response to the recent unrest The events that have played out in the country over the last few weeks have had an immense impact on all South Africans. The negative effect on...

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