Latest News

April 25, 2018

THE ANNUAL POTJIEKOS COMPETITION

The MMS social calendar kicked off with the annual Potjiekos competition held on the 24th of March 2018! The Potjiekos competition is a fun day for friends, family and colleagues […]
April 25, 2018

MMS GROUP AND THE THUTHUKA BURSARY FUND – TOGETHER PUNCHING ABOVE OUR WEIGHT

In line with our driving values: Connect, Understand, Solve, MMS is proud be partakers and contributors to the Thuthuka Bursary Fund. Through our involvement in this SAICA initiative, we assist […]
April 25, 2018

SECTION 19 OF THE FAIS ACT AND THE RELEVANT SUBMISSIONS TO THE FSB

Overview Section 19 of the FAIS Act states that financial statements must be submitted by all Authorised Financial Service Providers to the registrar, not later than four months after the […]
April 17, 2018

Employer Annual Reconciliation due

Employers should be aware that Employer Annual Reconciliation is due for submission at SARS from April 2018. If the relevant deadlines are missed, certain penalties will apply. Penalties are charged […]
April 9, 2018

MMS GROUP IS NOW A CERTIFIED XERO GOLD PARTNER!

Great News: MMS Group is now a certified Xero gold partner! Click here to contact us to find out how this can benefit your business.
March 23, 2018

BUSINESS OWNER: SALARY OR DIVIDEND?

Most of our clients operate in the SME market and as such it is common that the owner/shareholder of the business is also the sole director of the business. It […]
March 23, 2018

RECENT CHANGES TO SECTION 7C

BACKGROUND Section 7C of the Income Tax Act came into effect on 1 March 2017. This section specifically deals with Interest Free- or Low Interest Loans to Trusts. The aim […]
March 23, 2018

RESEARCH AND DEVELOPMENT: INCOME TAX TREATMENT

The need to become more technology proficient and being actively engaged in the scientific and technological innovation space, has become a top priority for a lot of companies because of […]
March 19, 2018

VAT increase and accounting systems

As you are aware, the National Treasury announced an increase in Value Added Tax (VAT) from 14% to 15% effective 1 April 2018. We urge you to ensure that your […]