Taxation Blog
Annual Employer Tax Recon Due End May
"Only accountants can save the world — through peace, goodwill, and reconciliations." (Unknown) Employers are legally required to submit their EMP501 reconciliation with accurate and up-to-date payroll and tax information (including valid Income Tax Reference Numbers)...
Selling Your Business to Retire? Get This Tax Relief!
“A small business is an amazing way to serve and leave an impact on the world you live in.” (Nicole Snow) Small business owners looking to sell their business or interest in a business as part of their retirement planning will be glad to know that meaningful tax...
Your Tax Deadlines for May 2026
May Taxes: 07 May | PAYE submissions and payments 25 May | VAT manual submissions and payments 28 May | Excise duty payments 29 May | VAT electronic submissions and payments and CIT Provisional Tax payments where applicable. Note: Copyright in this...
NOTICE TO ALL EMPLOYERS – W.As8 / Return of Earnings 2025 (February 2026 period)
The 2025 Return of Earnings (ROE) for Compensation for Occupational Injuries and Diseases Act (COIDA) submission period opened on 1 April 2026 and all submissions are due on or before 30 June 2026. This return relates to the payroll tax year 01/03/2025 – 28/02/2026....
2026/2027 MD Streets Tax Card
PAYE Annual Reconciliation | Tax year 01 March 2025 – 28 February 2026
The Annual Reconciliation Declaration (EMP501) submission period opened on 1 April 2026 with final submission deadline being 29 May 2026. The employee data that must be submitted by 29 May 2026 should cover the transaction period 01 March 2025 to 28 February 2026, for...
When Growth Is a Tax Problem
"As your profitability grows, your taxes will too. In fact, paying more taxes is an indicator that your business health is improving.” (Mike Michalowicz) Business owners work hard to grow revenue and increase profit. What often receives less attention is how...
15% Global Minimum Tax (GMT) Goes Live at SARS
"An agreement that will really change the world." (Olaf Scholz, former German Finance Minister) In October 2021, a global minimum tax framework for large multinational enterprises (MNEs) was established with the introduction of the GloBE (Global Anti-Base Erosion)...
Your Tax Deadlines for April 2026
April Taxes: 01 April | Start of the 2026/27 Financial Year 07 April | PAYE submissions and payments 24 April | VAT manual submissions and payments 29 April | Excise duty payments 30 April | VAT electronic submissions and payments 30 April | CIT Provisional Tax...
MD Streets APRIL Newsletter | “When Growth is a Tax Problem…”
With Compliments With SARS increasing the VAT registration threshold from R1million to R2.3million from 1 April 2026, most vendors are asking themselves whether they can now deregister from VAT. Although this may be a logical and attractive step,...
VAT – To deregister, or not to deregister? That is the Question.
With SARS increasing the VAT registration threshold from R1million to R2.3million from 01 April 2026, most vendors are asking themselves whether they can now deregister from VAT. Although this may be a logical and attractive step, it could be a costly tax event. Built...
Budget 2026: Your Tax Tables and Tax Calculator
Budget 2026 has brought long-overdue relief to taxpayers by not imposing VAT or income tax hikes and by adjusting the tables for tax rates, rebates and credits for inflation. Of course, some tax hikes were always going to happen: inflation-linked increases on sin...
Budget 2026: What it Means for You and Your Business
“The 2026 Budget marks an important turning point for South Africa.” (Dr Duncan Pieterse, Director-General, National Treasury) Some of the best news in Budget 2026 is the real GDP growth of an estimated 1.4% for 2025, rising to 2% in 2028, and a debt ratio that will...
NB: BUDGET HIGHLIGHTS
Stay informed about the key tax changes announced during today’s Budget Speech! The SARS tax guide provides a summary of the most important information relating to taxes, duties and levies for 2026/27. Download here: 👉https://bit.ly/4aRUid9 South African...
MD Streets Accountants Pty Ltd | Budget 2026
With Compliments View infographic View SARS Guide Note: Copyright in this publication and its contents vests in DotNews. A Client Connection Service by DotNews | © DotNews. All Rights Reserved. | Disclaimer: The information provided herein should not be used...
Your quick to read and easy to understand 2026/2027 Tax Guide
2026/2027 Tax Guide | Click on the images below for all necessary information Get in touch with us directly at +27 (0) 683 4834, should you have any queries.
How The Budget Affects You & Your Business
With Compliments Budget Speech Highlights Budget 2026 will be broadly welcomed by taxpayers, with no increases in either corporate income tax or the VAT rate, and (at long last!) inflation-linked adjustments to personal income tax brackets, rebates and medical tax...
February 2026 Tax planning reminders – We are Here with You!
The Second 2026 Provisional Tax Deadline is on 27 February 2026 This is a very important declaration with specific requirements relating to estimation of your taxable income for the 2026 tax year - we are here to help you to meet this deadline with the highest...
Your Tax Deadlines for February 2026
06 February – PAYE submissions and payments 25 February – VAT manual submissions and payments 26 February – Excise duty payments 27 February – VAT electronic submissions and payments, CIT Provisional Tax payments where applicable and PIT Second Provisional Tax...
Your Year-End Tax Checklist: Smart Moves Before 28 February
"The avoidance of taxes is the only intellectual pursuit that still carries any reward. (John Maynard Keynes) 1. Boost your retirement savings Contributing to a Retirement Annuity (RA) before 28 February can reduce your taxable income and grow your long-term wealth....




















