MD Streets

MD Streets Financial Leadership through Professional Excellence
is our strategic intent and our vision. za.linkedin.com/company/mdacc

[email protected]

Every aspect of our business - from services
to staff recruitment - is geared to realise this vision. A multi-disciplinary firm of Chartered Accountants offering a variety of related services. We provide objective and professional advisory services to private and corporate clients, with particular regard to financial planning and corporate requirements. We build relationships with our clients and

understanding their requirements. Our success in meeting their exacting needs has made us an integral part of their business as their outsourced financial department. We have structured our practice to give our clients the personal attention they deserve, and our team is backed with the professional qualifications and resources to provide a top quality professional service. Our services include:

• Auditing and Review
• Technical Accounting
• Monthly Accounting
• Business Consulting
• Tax Planning and Administration
• Estate Planning
• Company Secretarial
• Personal Finance Planning
• Forensic Consulting
• B-BBEE Verification Services
• Business Rescue Services
• Drafting of IFRS and IFRS for SME’s compliant AFS

We offer reliable and trusted financial services through our bespoke network of associations. Our offering includes:

• Personal and Commercial Financial Investment Planning
• Human Resources Administration
• Risk Management
• Employee Benefits
• Property Transactions
• Business Brokering and Consulting

𝗡𝗢𝗧𝗜𝗖𝗘 𝗧𝗢 𝗔𝗟𝗟 𝗘𝗠𝗣𝗟𝗢𝗬𝗘𝗥𝗦 – 𝗪.𝗔𝘀𝟴 / 𝗥𝗲𝘁𝘂𝗿𝗻 𝗼𝗳 𝗘𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝟮𝟬𝟮𝟱 (𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟲 𝗽𝗲𝗿𝗶𝗼𝗱)The 2025 Return of Earnings (ROE) for Co...
29/05/2026

𝗡𝗢𝗧𝗜𝗖𝗘 𝗧𝗢 𝗔𝗟𝗟 𝗘𝗠𝗣𝗟𝗢𝗬𝗘𝗥𝗦 – 𝗪.𝗔𝘀𝟴 / 𝗥𝗲𝘁𝘂𝗿𝗻 𝗼𝗳 𝗘𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝟮𝟬𝟮𝟱 (𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟲 𝗽𝗲𝗿𝗶𝗼𝗱)

The 2025 Return of Earnings (ROE) for Compensation for Occupational Injuries and Diseases Act (COIDA) submission period opened on 1 April 2026 and all submissions are due on or before 𝟯𝟬 𝗝𝘂𝗻𝗲 𝟮𝟬𝟮𝟲.

https://www.mdacc.co.za/notice-to-all-employers-w-as8-return-of-earnings-2025-february-2026-period/

This return relates to the payroll tax year 𝟬𝟭/𝟬𝟯/𝟮𝟬𝟮𝟱 – 𝟮𝟴/𝟬𝟮/𝟮𝟬𝟮𝟲.

This also includes all Domestic Employers who should be registered with COIDA in terms of a Constitutional Court ruling (with effect from 01/03/2021 onwards). This means that Domestic employees should now be entitled to compensation if they are injured or contract diseases while on duty.

If you are unsure whether your entity (as the employer) must register for Workmen’s Compensation, please read our 28 October 2015 “𝗗𝗼 𝗜 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗿𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗳𝗼𝗿 𝗪𝗼𝗿𝗸𝗺𝗲𝗻’𝘀 𝗖𝗼𝗺𝗽𝗲𝗻𝘀𝗮𝘁𝗶𝗼𝗻?“, blog here: https://www.mdacc.co.za/do-i-need-to-register-for-workmens-compensation/

Our outsourced payroll services ensure that 𝘄𝗲 𝘄𝗼𝗿𝗸 𝘄𝗶𝘁𝗵 𝘆𝗼𝘂 to maximise your tax and payroll efficiencies and ensure that all your compliance requirements have been met – 𝗲𝘀𝗽𝗲𝗰𝗶𝗮𝗹𝗹𝘆 𝗱𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗶𝘀 𝘁𝗿𝘆𝗶𝗻𝗴 𝗽𝗲𝗿𝗶𝗼𝗱!

𝗢𝘂𝗿 𝗽𝗮𝘆𝗿𝗼𝗹𝗹 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝘄𝗼𝘂𝗹𝗱 𝗮𝗹𝘀𝗼 𝗮𝗹𝗹𝗼𝘄 𝘆𝗼𝘂 𝘁𝗼 𝗯𝗲 𝗯𝗲𝘁𝘁𝗲𝗿 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝘀𝗰𝗿𝘂𝘁𝗶𝗻𝘆 𝗳𝗿𝗼𝗺 𝗦𝗔𝗥𝗦 𝘄𝗶𝘁𝗵 𝗽𝗮𝘆𝗿𝗼𝗹𝗹 𝗾𝘂𝗲𝗿𝗶𝗲𝘀 𝗮𝗻𝗱 𝗮𝘂𝗱𝗶𝘁𝘀.

We can assist with all your UIF, Workmen’s Compensation and SARS payroll nightmares to save you both time and money!

𝐽𝑢𝑎𝑛𝑖𝑡𝑎 𝑅𝑜𝑚𝑎𝑛 | 𝐷𝑖𝑟𝑒𝑐𝑡𝑜𝑟

Please contact me should you require any assistance or advice.

𝗪𝗲 𝗮𝗿𝗲 𝗵𝗲𝗿𝗲 𝘁𝗼 𝗵𝗲𝗹𝗽 𝘆𝗼𝘂.

𝗕𝗖𝗘𝗔 𝗰𝗵𝗮𝗻𝗴𝗲𝘀 𝘁𝗼 𝗲𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝘁𝗵𝗿𝗲𝘀𝗵𝗼𝗹𝗱https://shorturl.at/aXDJWThe Minister of Employment and Labour has published a new ear...
29/05/2026

𝗕𝗖𝗘𝗔 𝗰𝗵𝗮𝗻𝗴𝗲𝘀 𝘁𝗼 𝗲𝗮𝗿𝗻𝗶𝗻𝗴𝘀 𝘁𝗵𝗿𝗲𝘀𝗵𝗼𝗹𝗱

https://shorturl.at/aXDJW

The Minister of Employment and Labour has published a new earnings threshold in terms of the Basic Conditions of Employment Act (BCEA). 𝗡𝗲𝘄 𝘁𝗵𝗿𝗲𝘀𝗵𝗼𝗹𝗱 𝗶𝘀 𝗥𝟮𝟲𝟵,𝟲𝟬𝟬.𝟵𝟬 𝗽𝗲𝗿 𝗮𝗻𝗻𝘂𝗺 (𝗮𝗽𝗽𝗿𝗼𝘅𝗶𝗺𝗮𝘁𝗲𝗹𝘆 𝗥𝟮𝟮 𝟰𝟲𝟲.𝟬𝟬 𝗽𝗲𝗿 𝗺𝗼𝗻𝘁𝗵). The old threshold from 1 April 2025 to 30 April 2026 was R261 748.45 per annum (approx. R21 812.67 per month).

Employees earning 𝗮𝗯𝗼𝘃𝗲 this threshold are 𝗲𝘅𝗰𝗹𝘂𝗱𝗲𝗱 𝗳𝗿𝗼𝗺 𝗰𝗲𝗿𝘁𝗮𝗶𝗻 𝗽𝗿𝗼𝘃𝗶𝘀𝗶𝗼𝗻𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗕𝗖𝗘𝗔 (such as overtime pay and working time regulations).

We recommend that employers review their current contracts/terms and conditions for employees who may now qualify for overtime payment.

Please contact me or our outsourced payroll department to assist you with the correct application of this change.

𝐽𝑢𝑎𝑛𝑖𝑡𝑎 𝑅𝑜𝑚𝑎𝑛 | 𝐷𝑖𝑟𝑒𝑐𝑡𝑜𝑟

𝗪𝗲 𝗮𝗿𝗲 𝗵𝗲𝗿𝗲 𝘁𝗼 𝗵𝗲𝗹𝗽 𝘆𝗼𝘂!

𝗡𝗲𝘄 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝟭𝟴𝗔 𝗥𝗲𝗰𝗲𝗶𝗽𝘁𝘀 𝗳𝗿𝗼𝗺 𝟬𝟭 𝗠𝗮𝗿𝗰𝗵 𝟮𝟬𝟮𝟲 𝗼𝗻𝘄𝗮𝗿𝗱𝘀With effect from 01 March 2026, South African Revenue...
29/05/2026

𝗡𝗲𝘄 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝗦𝗲𝗰𝘁𝗶𝗼𝗻 𝟭𝟴𝗔 𝗥𝗲𝗰𝗲𝗶𝗽𝘁𝘀 𝗳𝗿𝗼𝗺 𝟬𝟭 𝗠𝗮𝗿𝗰𝗵 𝟮𝟬𝟮𝟲 𝗼𝗻𝘄𝗮𝗿𝗱𝘀

With effect from 01 March 2026, South African Revenue Service (SARS) has implemented new regulations regarding Section 18A receipts.

𝗧𝗵𝗲𝘀𝗲 𝗰𝗵𝗮𝗻𝗴𝗲𝘀 𝗮𝗿𝗲 𝗮𝘀 𝗳𝗼𝗹𝗹𝗼𝘄𝘀:

📌 𝗘𝘅𝗽𝗮𝗻𝗱𝗲𝗱 𝗗𝗼𝗻𝗼𝗿 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻:
- Mandatory information for all donors:
- Nature (individual, company, trust),
- ID/registration number,
- Email addresses, and
- SARS tax reference number.

📌 𝗦𝘁𝗿𝗶𝗰𝘁𝗲𝗿 𝗜𝗻-𝗞𝗶𝗻𝗱 𝗗𝗼𝗻𝗮𝘁𝗶𝗼𝗻 𝗥𝗲𝗰𝗼𝗿𝗱𝘀:
- Mandatory detailed descriptions of donated property and market values for all donations in kind.

📌 𝗨𝗻𝗶𝗾𝘂𝗲 𝗥𝗲𝗰𝗲𝗶𝗽𝘁 𝗡𝘂𝗺𝗯𝗲𝗿𝗶𝗻𝗴:
- All Section 18A receipts issued must now have a unique identifying serial/receipt number.

These updates aim to enhance compliance and reduce risk for the PBO for the issue of invalid receipts.

SARS will also now match donations claimed by donors on their respective tax returns.

Please contact us should you have any further queries on the new SARS requirements for Section 18A receipts.

Juanita Roman | Fatima Bapukee

𝗪𝗲 𝗮𝗿𝗲 𝗵𝗲𝗿𝗲 𝘁𝗼 𝗵𝗲𝗹𝗽 𝘆𝗼𝘂!

https://shorturl.at/cDhHk

📌 Your final Tax Deadline for May 2026:29 May | VAT electronic submissions and payments and CIT Provisional Tax payments...
28/05/2026

📌 Your final Tax Deadline for May 2026:

29 May | VAT electronic submissions and payments and CIT Provisional Tax payments where applicable

All of our MD Streets Team Birthdays during May 🧡🤍💙🥳 Birthday Celebrations for:Jaydon | Saadiqah | Victor
28/05/2026

All of our MD Streets Team Birthdays during May 🧡🤍💙

🥳 Birthday Celebrations for:
Jaydon | Saadiqah | Victor

Eid Al-Adha Mubarak to all of our Muslim staff, clients, colleagues and families 🤲
28/05/2026

Eid Al-Adha Mubarak to all of our Muslim staff, clients, colleagues and families 🤲

Always a great time when  𝗣𝗮𝘂𝗹 𝗧𝘂𝘁𝗶𝗻 visits us from the UK, at 𝗠𝗗 𝗦𝘁𝗿𝗲𝗲𝘁𝘀 in Cape Town!Good conversations, shared lunch,...
15/05/2026

Always a great time when 𝗣𝗮𝘂𝗹 𝗧𝘂𝘁𝗶𝗻 visits us from the UK, at 𝗠𝗗 𝗦𝘁𝗿𝗲𝗲𝘁𝘀 in Cape Town!

Good conversations, shared lunch, and fresh new shirts - doesn’t get much better than that!

We welcome Kea to Team MD Streets as a SAICA Learner.Wishing you every Happiness and Success as part of our Team!       ...
14/05/2026

We welcome Kea to Team MD Streets as a SAICA Learner.

Wishing you every Happiness and Success as part of our Team!

💙🤍🧡

𝗔𝗹𝗹 𝗼𝗳 𝗼𝘂𝗿 𝗠𝗗 𝗦𝘁𝗿𝗲𝗲𝘁𝘀 𝗧𝗲𝗮𝗺 𝗕𝗶𝗿𝘁𝗵𝗱𝗮𝘆𝘀 𝗱𝘂𝗿𝗶𝗻𝗴 𝗔𝗽𝗿𝗶𝗹 - it is a special month for  ! 🧡🤍💙🥳 𝗕𝗶𝗿𝘁𝗵𝗱𝗮𝘆 𝗖𝗲𝗹𝗲𝗯𝗿𝗮𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿:Cecelia ...
30/04/2026

𝗔𝗹𝗹 𝗼𝗳 𝗼𝘂𝗿 𝗠𝗗 𝗦𝘁𝗿𝗲𝗲𝘁𝘀 𝗧𝗲𝗮𝗺 𝗕𝗶𝗿𝘁𝗵𝗱𝗮𝘆𝘀 𝗱𝘂𝗿𝗶𝗻𝗴 𝗔𝗽𝗿𝗶𝗹 - it is a special month for ! 🧡🤍💙

🥳 𝗕𝗶𝗿𝘁𝗵𝗱𝗮𝘆 𝗖𝗲𝗹𝗲𝗯𝗿𝗮𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿:
Cecelia | Garth | Juanita | Stephanie | Sameric
Cobus | Paul | Keith | Maajidah | Cathy

Address

MD Streets. MDS House, Greenford Office Estate, Off Punters Way
Cape Town
7708

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00

Telephone

+27216834834

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