FYI Blog

The new Public Procurement Bill aims to streamline and strengthen the system to ensure that it is fair, equitable, transparent, competitive, and cost-effective. It introduces a centralised framework under the auspices of the National Treasury. This consolidation is a...

Article shared courtesy of: Nicolene Schoeman-Louw | SchoemanLaw Inc. Understanding Email Compromise and Scams: Prevention and Response Email compromise scams are a growing threat in the digital world. These scams can have devastating financial and reputational...

A lot has happened in the last few months! Please find the summary of our latest news below. Taxation Blog SARS email scams phishing for personal data or claiming taxes are owed  The Start of 2024 Individual Tax Season - What you need to know to save you time, and...

What is Skills Development (SD)? Skills Development (SD) programmes help to improve individuals' abilities and knowledge to align with labour market demands. These programmes include various types of training, education, and certification to enhance specific skills....

Article shared courtesy of: ENSafrica President assents to new Hate Crimes Act: Changing the Landscape of On-Duty & Off-Duty Misconduct On Thursday, 9 May 2024, the President assented to the Prevention and Combating of Hate Crimes and Hate Speech Bill (“the Hate...

Dave's membership certificate for 2024/2025:

Amendments have recently been made to the Basic Conditions of Employment Act (BCEA). Effective April 1st, 2024, the new earnings threshold is now R254,371.67. This means that employees earning more than R21,197.64 per month will no longer be covered by certain...

A lot has happened in the last few months! Please find the summary of our latest news below: MD Taxation Blog Posts New requirements for PBO Donations AWARENESS CAMPAIGN - REGISTRATION OF TRUSTS FOR TAX PURPOSES The Start of 2023 Individual Tax Season - what you need...

"Dear Alexis, Endorsed by the Commission for Gender Equality, The Standard Bank Top Women is South Africa’s leading gender empowerment brand celebrating organizations in both the public and private sector for prioritizing gender empowerment as an integral part of...

The General Laws Amendment Act in December 2022 widened the FICA net for Accountable Institutions (A.I.) to include Accounting Firms as part of the greylisting requirements to curb money laundering. The Financial Intelligence Centre Amendment Act, 1 of 2017 brings...

On Friday, 23 June 2023, the 23rd Annual Commission for Employment Equity Report was released. In a Media Statement released on www.gov.za, the following was stated: “The Commission for Employment Equity (CEE) Report continues to show a bleak and slow picture of...

A lot has happened in the last few months! Please find the summary of our latest news below. MD Taxation Blog Interest Rate changes - June 2023 NOTICE TO ALL EMPLOYERS - W.As8/ Return of Earnings 2022 (February 2023 period) Section18 A update - 01 March 2023 PAYE...

Post shared courtesy of: ENSafrica On 12 April 2023, the Department of Employment and Labour (“Department”) confirmed that the President signed into law the Employment Equity Amendment Bill, 2020 (“the Bill”). To recap, the Employment Equity Amendment Act introduces...

A lot has happened in the last few months! Please find the summary of our latest news below: Taxation Blog Budget Speech 2023 | How it affects you and your business - Budget Speech and Tax Guide Budget Speech 2023 | How it affects you and your business MD's Top Tax...

As of 1 March 2023, South Africans will see the implementation of the increased annual earnings threshold determined by the Minister of Employment and Labour (Minister) in the amount of R241,110.59. This represents an increase of R17,030.11 from the previous amount of...

We are so proud of our client - a really great interview: Charles & Tim Atkin MW Celebrate 45 Vintages Incredibly, 2023 marks Charles Back's 45th vintage at Fairview! Since arriving back on the farm to assist his late father Cyril in the cellar in 1978, Charles...

Updated Guide on the Retention of Records - 06 April 2022

January 2023

We are excited to align ourselves with this new approach to employee well-being that has developed as a result of the impact of Covid on employees’ financial and mental health. The biggest change is the free access to debt counselling and financial counselling, online...

The online portal for submitting the property practitioner/estate agents trust audit report has not yet been updated for the new Act! Summary of changes: Online submission via the portal is still required The old template is to be used via the portal Interest declared...