MVB Audit and Advisory

MVB Audit and Advisory MVB is a dynamic, service-orientated firm of chartered accountants & auditors, based in the Lynnwood

The 40% Rule: Do You Have Too Many Eggs in One Basket?Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eD...
01/06/2026

The 40% Rule: Do You Have Too Many Eggs in One Basket?
Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlaukY9Ps7iCgxSpqJMIoLq-IAQbkU9OMdOyyX7hswdW_P4TOe4VuhIqtYSzKBp9EPUN9sWRDVdWSaip0-QMijZulH2MuoA8COk=-NOPAD

Client concentration risk can sink a healthy business faster than falling sales. When one customer accounts for too much revenue, cash flow, valuation, and even survival hinge on decisions you don’t control.

Here we explain the “40% Rule.” What it is, why lenders and investors care about it, and how to manage concentration risk before it manages you.

“Invisible Work”: 3 Labour-Intensive Things Customers Will Never Pay ForRead more: https://www.dotnews.co.za/Code/Articl...
28/05/2026

“Invisible Work”: 3 Labour-Intensive Things Customers Will Never Pay For
Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlaukY9Ps7iCgxSpqJMIoLq-IAQbkU9OMdOyyX7hswdW_P4TOe4VuhIqtYSzKBp9EPUN9sWRDVdWSePP510cw4lIvJHZLbDwplA=-NOPAD

Many small business owners fall into the “do it all” trap. You start with passion, but soon find yourself buried in tasks that have nothing to do with why you launched your venture. This leads to chronic burnout. You are busy, but are you productive?
This feeling of being overwhelmed often stems from a failure to distinguish between being busy and making progress. That’s why you have to identify the “invisible work” that consumes your energy without ever appearing on a customer’s invoice or adding real value.

Selling Your Business to Retire? Get This Tax Relief!Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDK...
20/05/2026

Selling Your Business to Retire? Get This Tax Relief!
Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlaukY9Ps7iCgxSpqJMIoLq-IAQbkU9OMdOyyX7hswdW_P4TOe4VuhIqtYSzKBp9EPUN9sWRDVdWSayiakWGlxkz7oLh_wZlJ2g=-NOPAD

If you’re a small business owner aged 55 or older, the 2026 Budget contained some very good news. Not only has the CGT exemption on the sale of small business by older persons been increased, but the definition of “small business” has also been expanded.

This could make a big difference to your retirement situation, not to mention the future of your business. Find out here what the new limits and conditions are, and how they might affect the decision and timing of a business sale.

Annual Employer Tax Recon Due End MayRead more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlaukY9Ps7iCgxSp...
12/05/2026

Annual Employer Tax Recon Due End May
Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlaukY9Ps7iCgxSpqJMIoLq-IAQbkU9OMdOyyX7hswdW_P4TOe4VuhIqtYSzKBp9EPUN9sWRDVdWSSPGrsyZH7iSEvheTrkWB18=-NOPAD

The Annual Employer Reconciliation Declaration (EMP501) remains a focus area for SARS. Employers have until the end of May to submit their declarations for the period 1 March 2025 to 28 February 2026.

We invite you to rely on our expertise to ensure compliance with this legal requirement, as submitting incorrect or incomplete declarations (or missing the deadline) will cause additional work, penalties, delays and hassles for you and your employees.

Freedom DayFreedom Day is a time to reflect on the sacrifices that helped build our nation. A tribute to the courage of ...
27/04/2026

Freedom Day

Freedom Day is a time to reflect on the sacrifices that helped build our nation. A tribute to the courage of those who came before us.

New VAT Thresholds: Thinking of Deregistering? Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlaukY...
22/04/2026

New VAT Thresholds: Thinking of Deregistering?
Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlaukY9Ps7iCg6fTToLkUMX1Y7nCpLY5wmVxdsl-OtY_pbiFRd211un8MhkW7iprmvLA7G-7mc_C14RBg5BOA60C2Nv51rY1EY4=-NOPAD

The recent increases in the compulsory VAT registration threshold to R2.3 million and in the voluntary registration threshold to R120,000 are widely welcomed. It will certainly ease the administrative burden on small businesses and the strain on their cash flow.

Businesses that do not exceed the higher threshold on 1 April 2026 may apply to deregister for VAT. But be certain to rely on our expertise when making this decision, as it’s fraught with potentially costly consequences.

How to Create a Team Building Experience That Really Works Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yK...
16/04/2026

How to Create a Team Building Experience That Really Works
Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlaukY9Ps7iCg6fTToLkUMX1Y7nCpLY5wmVxdsl-OtY_pbiFRd211un8MhkW7iprmvLA7G-7mc_C168lV3urW9jYWwlQlgeyB9E=-NOPAD

While on the surface they are just a spot of fun, team building exercises are actually a strategic investment in your business culture and performance. Done well, team building strengthens communication, fosters trust, and boosts morale. Done poorly, it feels like a forced afternoon that costs money and delivers little.

As a small business owner, you need team building events that produce tangible improvements. Here’s how to do that.

15% Global Minimum Tax (GMT) Goes Live at SARS Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlaukY...
07/04/2026

15% Global Minimum Tax (GMT) Goes Live at SARS
Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlaukY9Ps7iCg6fTToLkUMX1Y7nCpLY5wmVxdsl-OtY_pbiFRd211un8MhkW7iprmvLA7G-7mc_C19HEoXzOcn99G6n3uAQDnW8=-NOPAD

15% Global Minimum Tax (GMT) Goes Live at SARS

The global minimum tax (GMT) – called an “agreement that will really change the world” – will be implemented in South Africa by SARS in 2026/27. While it may not impact your business directly, it should ultimately reduce your share of the tax burden by ensuring all multinational enterprises (MNEs) contribute their fair share of local taxes.

SARS is actively preparing and the GMT registration and notification functionality on the eFiling platform went live on 16 March 2026. Find out here why specialist advice will be ever more important for local and global taxpayers in South Africa.

Streamlining In-House Accounting Processes with AI Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNl...
30/03/2026

Streamlining In-House Accounting Processes with AI
Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlaukY9Ps7iCg1Jj8rmUXGI9Ah_k5YRFc7ZQZ6UgE2Z1Ejr5H1JvTUXOwXF_XMlBDRypxYloOawe3TuNK6WHp-z9Ye1w_aNaXAk=-NOPAD

By handling almost instantly the repetitive, menial bookkeeping tasks that previously consumed much company time and resources, Artificial Intelligence is fundamentally streamlining accounting processes.

AI can reduce costs, minimise risks, and provide real-time business performance insights faster than a human. Freeing up you and your team to focus on growing the business.

Budget 2026: Your Tax Tables and Tax Calculator Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlauk...
25/03/2026

Budget 2026: Your Tax Tables and Tax Calculator
Read more: https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlaukY9Ps7iCg1Jj8rmUXGI9Ah_k5YRFc7ZQZ6UgE2Z1Ejr5H1JvTUXOwXF_XMlBDRypxYloOawe3auIlx4fZIKt0fhLl9IgWAY=-NOPAD

Budget 2026 has brought long-overdue relief to taxpayers by not imposing VAT or income tax hikes and by adjusting the tables for tax rates, rebates and credits for inflation. Of course, some tax hikes were always going to happen: inflation-linked increases on sin taxes took effect on 25 February already and the fuel levies also increased.

This selection of official SARS Tax Tables and other useful resources will help clarify your tax position for the new tax year. Then follow the link to Fin 24’s Budget Calculator (just follow the four-step process) to do your own calculation.

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Sanlynn Office Park, East Block 2nd Floor, Corner Sanlam & Alkanrant Roads, Lynnwood Manor
Pretoria
0081

Opening Hours

Monday 07:30 - 16:00
Tuesday 07:30 - 16:00
Wednesday 07:30 - 16:00
Thursday 07:30 - 16:00
Friday 07:30 - 16:00

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