MWP Accounting & Tax Services

14/05/2026

Small businesses only need to register for VAT once their annual turnover exceeds R2.3 million.

This means:
🔸Less paperwork and administration for your business
🔸Lower cost of tax compliance
🔸More room to grow your business

More info: https://bit.ly/42tqq32

14/05/2026

14/05/2026

Taxpayers are warned of the latest scam where fraudsters (either via SMS or email) make claims that amounts are owed to SARS. These communications are often titled ‘Settlement notification’ or ‘Final demand’, with requests that a link is clicked to facilitate payment. Should you wish to verify whether any amounts are indeed due to SARS, it is advisable that you verify via e-Filing as opposed to clicking any links. Follow this link for an example of this scam.

https://www.sars.gov.za/wp-content/uploads/Docs/Scams/SARS-SCAM-394-Tax-Settlement-Notification-13-May-2026.pdf

14/05/2026

If you have been experiencing difficulty registering for the newly introduced GMT, please take note of the below communication from SARS. Should you require assistance ensuring you remain tax compliant, please do not hesitate to contact SARS directly or submit a query via our Member Portal for escalation to them.

05/03/2026

Important dates for March
6 March - Deadline for Feb PAYE Submissions
March 31 - Deadline for electronic VAT Submissions

"Deadlines are not bad. What is bad they are so far away. The good thing is they force you to be disciplined."

22/02/2026

SMMEs! If you are unsure about how to file your Company Returns, check out quick guides on the SARS TV YouTube channel for step-by-step help with submitting your ITR14 through eFiling and managing your Provisional Tax.

📽️How to Submit Your Income Tax Returns for Companies (ITR14) on eFiling: https://bit.ly/4kE6tOV
📽️Provisional Tax Explained: https://bit.ly/4rQHSsy

22/02/2026

Diesel refund claimants in the farming, forestry and mining sector, please take note - you will soon be able to claim 100% of your eligible diesel used in qualifying activities.

22/02/2026

When to Pay Tax

Provisional Tax:
🔷1st payment: within six months after the start of the year of assessment.
🔷2nd payment: on or before the last day of the year of assessment.
🔷3rd payment: six months after the end of the year of assessment. (For taxpayers with a February year-end, it is seven months after the end of the year, i.e. 30 September).

Tax on Assessment:
🔷Pay by the date given on the assessment notice.

More info: https://bit.ly/4rXvB5K

17/02/2026

Key Provisional Tax Dates(2026 Tax year):

1st Provisional: Due 29 August 2025
2nd Provisional: Due 27 February 2026
3rd Provisional(Optional): Due 30 September 2026 - Applicable to only Feb Year End Taxpayers

Important
-Penalty Risk: Accurate submissions for February help avoid 20% Penalty. Estimates must not be within 80-90% of actual taxable income.
-Who pays: Individuals earning income other than a salary or whose income is not subject to PAYE.

Payments and returns must be submitted on Efiling platform

Accountants are like you.....human......they do not need the unnecessary stress.

12/02/2026

🚨 SCAM ALERT – Fake SARS Email

A fraudulent email is making the rounds, claiming taxpayers owe SARS money and are facing a High Court case.

❌ Do NOT click the link
❌ Do NOT share personal or financial information
✔️ Delete the email immediately
✔️ Verify your tax status through official SARS channels only

Visit our scam alert page:
https://www.sars.gov.za/targeting-tax-crime/scams-and-phishing/

02/02/2026

Reminder for all
Important dates for this month:
6 Feb - Online submissions and payments for PAYE
26 Feb - Excise duty payments
27 Feb - VAT Online submissions and payments

Timely responses to your accountant can help prevent anxiety and stress better than any self-help book or meditation