M.J. Minter Inc
@MJMinter
Accounting, Management and Tax Consultants
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Read more here to find out about the structure and essential requirements for a valid trust. ow.ly/sYec50FTaN2
President Cyril Ramaphosa announced several emergency tax relief measures in response to the continuing Covid-19 pandemic and recent unrest that are aimed at helping affected and tax compliant businesses to recover and ensure livelihoods for employees. ow.ly/MSBw50FTaKW
The South African Special Risks Insurance Association (SASRIA) will form a key part of the intervention to help insured businesses restore their operations. Together with reinsurers, SASRIA has already begun its claim administration process. ow.ly/5HCs50FTaIZ
As a result of the recovery in consumption and wages between October and December 2020, and a boost to corporate income tax receipts from the mining sector, 2020/21 revenue collections are expected to be R99.6 billion above the 2020 MTBPS estimate. ow.ly/ReMd50DKtc2
The sustainability of the public finances will depend heavily on government’s ability to reduce growth in the public-service wage bill. Compensation accounted for about 34 per cent of consolidated spending in 2019/20. ow.ly/Vwaw50DKt5K
The Day of Reconciliation is a public holiday that came into effect in 1995 after the end of apartheid, with the intention of fostering reconciliation and national unity for the country. Wishing everyone a peaceful day and start of the Festive Season.
The economic effects of the coronavirus crisis have been extensive and a recovery to pre-pandemic levels will take several years. ow.ly/9ili50BMRo0
As part of the monetary policy to help boost the economy, the Reserve Bank has made a number of rate changes this year. As the interest rates are linked to the repo rate, banks and other suppliers of credit have reduced lending rates accordingly. ow.ly/7iPE50BMQVV
CIPC has released a quick reference guide designed to highlight specifically, although not exclusively, critical issues of the Companies Act No. 71 of 2008 that a director should be aware of. We discuss this briefly here: ow.ly/tCHa50BdlBN
Let us today, recognize and celebrate the cultural wealth of our Nation. Happy Heritage Day from all at M.J. Minter Inc. #heritageday #southafrica #braaiday #onsgaannoubraai
Statistics South Africa (Stats SA) will conduct a population count in 2021, Census 2021. This will be the fourth population count in post-apartheid South Africa. ow.ly/ujos50Bdlpo
With the intention of making it easier to comply with tax obligations, SARS is embarking on an outbound call campaign to assist taxpayers to file their tax returns virtually, either by a telephone or video call. ow.ly/2KID50Bdlm6
Current forecasts from the IMF show global Gross Domestic Product (GDP) contracting by about 4.9% this year. The deepest contractions are expected in the second quarter of 2020, with gradual recoveries in the third and fourth quarters of the year. ow.ly/p1Up50AN7T9
On the 17th of June, President Ramaphosa signed the final enabling legislation to finally give effect to POPI with effect from 1st July 2020. Although it comes into full force, businesses have until the end of June 2021 to comply with the ACT. ow.ly/EmNB50AsxLo
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 Medium‐Term Budget Policy Statement. ow.ly/OTSD50AsxI7
The director’s role has without a doubt become more onerous amidst the Covid-19 pandemic. However, the Companies Act makes provision for operating in a virtual world. Click below for more details. #mjminter #southafrica #covid19 #remote #cipc ow.ly/9YVx50zYDj7
On Youth Day every year, South Africans pay tribute to the lives of the students from the Soweto Uprising in 1976 and recognizes the role of the youth in the liberation of South Africa from the apartheid regime. #youthday #southafrica #sowetouprising #history
All persons who are able to work from home must do so. However, persons will be permitted to travel to and from work and for work purposes under Alert Level 3. Click below to find out more. #mjminter #covid19 #southafrica ow.ly/XyyJ50zYDfh
The past two months of lockdown have been difficult for the tourism sector. Many businesses in the sector are fighting for survival and projections show that almost 600 000 jobs are at risk if the sector doesn’t come into operation by September 2020. ow.ly/2RVN50zYDcp
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