Latest News

October 5, 2018

Valuable insights at the Alliott Africa Conference 2018

MMS Group’s directors recently attended the Alliott Africa Conference at Emperors Palace. The Alliott Group, with whom we proudly associate, is an International Alliance of Accounting and Law Firms. The […]
October 4, 2018

Administrative penalties for Corporate Income Tax (CIT) to be imposed

SARS will be imposing administrative penalties from December 2018 for outstanding Corporate Income Tax (CIT) returns. Administrative penalties will be imposed on companies that receive a final demand to submit […]
August 17, 2018

Celebrate women this month!

In one of the largest demonstrations staged in this country’s history, 20 000 women of all races marched to Pretoria’s Union Buildings on 9 August 1956, to present a petition […]
August 17, 2018

How to survive a SARS audit?

You have submitted your annual tax return and sigh a sigh of relieve as you sit back and plan how you will be spending your SARS refund. BUT WAIT! WHAT?! […]
August 17, 2018

Does my company need to file in iXBRL?

The Companies and Intellectual Property Commission (CIPC) has mandated that from the 1st of July 2018 all qualifying entities will be required to submit their annual financial statements through iXBRL […]
July 12, 2018

Changing banking details with SARS

In order to prevent fraud, the South African Revenue Service (“SARS”) requires confirmation of new or any changes to existing banking details and will only process any refunds due once […]
July 12, 2018

IFRS 15 – Revenue from contracts with customers

IFRS 15 recently became effective for financial periods beginning on or after 1 January 2018. IFRS 15 is only applicable to entities that have implemented International Financial Reporting Standards as […]
July 12, 2018

Medical scheme fees tax credit

Section 6A of the Income Tax Act[1] provides for a medical scheme fees tax credit (“MTC”), or rebate, which reduces the amount of income tax payable by a natural person […]
July 12, 2018

Don’t be insane – Make a change!

“Insanity – Doing the same thing repeatedly and expecting a different result” – Albert Einstein Cash flow can be a big challenge for any business. Does the following scenarios sound […]
June 26, 2018

Don’t delay, submit your 2018 Income Tax Return!

Annual Tax season is here, and Income Tax return submissions starts on the 1st of July 2018. We’ve taken the liberty of answering frequently asked questions individuals may have. The […]
October 5, 2018

Valuable insights at the Alliott Africa Conference 2018

MMS Group’s directors recently attended the Alliott Africa Conference at Emperors Palace. The Alliott Group, with whom we proudly associate, is an International Alliance of Accounting and Law Firms. 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 […]
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 […]
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 […]
February 6, 2018

A message from the MMS Group directors

With the new year in full swing, it is important to take a moment and reflect on 2017 and all the highlights to give us that extra boost of motivation […]
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