Latest News

June 14, 2018

WHEN LOOKING FOR A BUSINESS LOAN, MAKE PURPOSE YOUR CENTRAL CONSIDERATION

Written by Marilynn Leonard – Funding Hub. MMS Group was granted permission to use this article by the author. Today there are many types of loans, from many types of lenders, including […]
June 14, 2018

PROOF REQUIRED FOR INCOME TAX RETURNS – INDIVIDUALS

Following the conclusion of the 2018 tax year, documents will be issued to you that must be retained for tax purposes. The following documents should, if applicable, be submitted to […]
June 14, 2018

HOW TO EFFECTIVELY MANAGE YOUR FINANCE FUNCTION – FROM CHAOS CENTRE TO BUSINESS ENABLER

A common perception exists that the Finance and Admin function of a company is only a cost centre and its sole purpose is to record, report, repeat. Many of our […]
June 14, 2018

WHAT ARE A DIRECTOR’S FIDUCIARY DUTIES?

Fiduciary duty of good faith In terms of the common law, a director’s fiduciary duty means that a director acts in good faith and in the best interests of the […]
May 18, 2018

CHEERS TO A DECADE!

This month MMS Trust Services is celebrating our 10th year in business and it is time to sit back and reflect on where it all started. On the 30th of […]
May 18, 2018

PREFERENCE SHARES – IS IT EQUITY OR DEBT/LIABILITY?

Share Capital has traditionally been seen as equity. But is this always right? Most probably not in the case of preference shares, one should consider the substance and not just […]
May 18, 2018

SARS’S STANCE ON THE TAX TREATMENT OF CRYPTOCURRENCIES

The South African Revenue Service (SARS) will continue to apply normal income tax rules to cryptocurrencies and will expect affected taxpayers to declare cryptocurrency gains or losses as part of […]
May 18, 2018

HOW TO ‘SHOP’ FOR THE RIGHT BUSINESS FINANCE

Written by Barry Leonard – Funding Hub. MMS Group was granted permission to use this article by the author. Choosing the right business finance can be a lot like sitting […]
April 25, 2018

A GOOD TIME TO KICK BACK, UNWIND… AND WIN!

On the 24th of April 2018 the MMS recruitment team attended the UJ CTA social held at the UJ Astro. The CTA social is a fun day arranged by the […]
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 […]
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 […]
February 19, 2018

Terminating temporary VAT relief of residential property letting

While most sectors of the South African economy celebrated the expectations of stable growth under a more business-friendly regime in 2018, these celebrations would have been somewhat subdued around the […]
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