News
MJ Minter Inc on 05/01/2019

Navigating change

There is one truth about change: It’s going to happen. Technology, consumer demand, globalization, competition, and the economy—all of these factors contribute to the need for every business to move with the times in order to survive. Companies that want to grow, have to change to remain viable and continue growing. That’s the very nature of growth—it brings about and demands change.

  MJ Minter Inc
MJ Minter Inc on 05/01/2019

The Ramaphosa Effect

The outcome of the national elections is a clear indication that, while the ANC lost regional support, many voted in effect for Ramaphosa nationally. This gives the President the mandate he requires to put his reformist policies in place.

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MJ Minter Inc on 05/01/2019

Global Environmental Health

Recently released, the United Nations’ global assessment of environmental health is grim: biodiversity declining at an unprecedented rate, one million species at risk of extinction, human populations in jeopardy if the trajectory is not reversed.

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MJ Minter Inc on 05/01/2019

Carbon Tax – How does it affect your business?

With the imminent introduction of Carbon Tax, it is important to know how this will affect your business. While your business may not be directly affected by the tax, your suppliers may well have to pass on additional costs incurred as a result of it. So, let’s explore who and what will be subject to the tax.

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MJ Minter Inc on 04/01/2019

SARS Browser Compatibility Guidelines

A number of clients often have difficulty accessing SARS documents on the eFiling system. This is mainly due to incompatible browsers. The SARS eFiling website is optimally viewed in Internet Explorer (IE) versions 8+ browsers.

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MJ Minter Inc on 04/01/2019

How Do Tourists Spend Their Money?

Tourism is often promoted as one of the key sectors that will drive growth in South Africa. We take a look at an extract from a Stats SA article to get an idea of what tourists spend their money on:

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MJ Minter Inc on 04/01/2019

Business Brexit Checklist – Adapted from the UK Chambers of Commerce

The UK’s impending departure from the European Union will bring change for businesses of every size and sector. The UK is one of South Africa’s largest trading partners. While some companies are already planning for the challenges and opportunities ahead, all firms – not just those directly and immediately affected – should be undertaking a Brexit 'health check', and a broader test of existing business plans.

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MJ Minter Inc on 03/01/2019

Update on Implementation of Carbon Tax

The carbon tax will be implemented on 1 June 2019. It gives effect to the polluter-pays principle, prices greenhouse gas emissions and aims to ensure that businesses and households take these costs into account in their production, consumption and investment decisions. The tax will assist in reducing emissions and ensuring South Africa meets its commitments under the 2015 Paris Climate Agreement. It will be reviewed after three years.

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MJ Minter Inc on 03/01/2019

Employment Tax Incentive

The employment tax incentive was introduced on 1 January 2014 to share the cost of hiring young, inexperienced workers between employers and government. The incentive was reviewed and extended in 2016 and 2018. The most recent review found that the incentive’s positive benefits are more pronounced in small firms.

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MJ Minter Inc on 03/01/2019

SARS Clean Up On The Cards

There has been a lot of banter about Tom Moyane’s time at SARS. The recent SARS commission has highlighted several issues and, in the recent budget, a number of commitments were made in this regard. We summarise these for you below

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MJ Minter Inc on 03/01/2019

Corporate Governance and The Prescribed Officer

Corporate governance is under scrutiny like never before in South Africa. While most people believe that it is only appointed directors of a company who can be held personally liable, the Companies Act provides for a wider definition and includes Prescribed Officers.

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MJ Minter Inc on 02/01/2019

Special Economic Zone (SEZ)

In his recent State of the Nation speech President Cyril Ramaphosa made mention of regenerating industrial hubs with an assortment of incentives, to incentivise investment in inter alia rural economies. We have a number of existing SEZ‘s and it is worth revisiting these to explore the

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MJ Minter Inc on 02/01/2019

Sustainable Development Goal (SDG) 8: Decent work and economic growth

In his recent SONA, President Cyril Ramaphosa described a scenario of building an all-inclusive economy and providing decent jobs for the unemployed youths. A lot of what he is proposing is aligned to the United Nations (UN) SDG’s. Below is an extract from the UN SDG’s 8 (there are 17 in total)

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MJ Minter Inc on 02/01/2019

Load Shedding Your Business

It seems that load shedding is back, resulting in decreased productivity and financial losses for business, especially small businesses.

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MJ Minter Inc on 02/01/2019

Budget 2019 - What can we expect

In the past few years we haven’t been sure who would present our budget speech let alone predict what was to be presented! While there are huge expectations that Minister Tito Mboweni’s maiden full budget speech will deliver answers to all our problems, political and financial constraints will come into play. So, what are some of the key issues:

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MJ Minter Inc on 01/01/2019

2019 Budget - Make or Break?

Treasury has announced that Tito Mboweni’s budget speech will be held on the 20th February 2019 at 14h00. This year's budget will be one of the more challenging balancing acts Treasury has to perform. With the backdrop of an election year, the need to stimulate the economy and addressing the financial needs of ailing State Owned Entities makes it really tough for those tasked with coming up with a meaningful budget .

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MJ Minter Inc on 01/01/2019

SARS News

Reminder: Penalties for outstanding corporate income tax returns to kick in soon

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MJ Minter Inc on 01/01/2019

Estate Plan Review

The beginning of a new year is as good a time as any to review your estate plan. More specifically, it is important to make sure all your affairs are in order from an administrative point of view. As part of your estate plan it is important that you make sure that inter alia the following documents are easily available:

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MJ Minter Inc on 01/01/2019

What A Business Plan Can Do For You And How To Use It

Contrary to popular practice, a business plan is not a means to securing financing. Instead it is a step by step guide to running your business and creating the product or service that will make it in the marketplace. Like any other map, your plan will have to be adjusted according to your vision for the company, conditions and opportunities in the marketplace and your business’ current condition.

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MJ Minter Inc on 12/01/2018

SARS - Important Dates

Please ensure you make note of these key dates over the holiday period to ensure compliance.

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MJ Minter Inc on 12/01/2018

No Poverty - Sustainable Development Goal No. 1

Sustainable Development Goals are the blueprint to achieve a better and more sustainable future for all. They address the global challenges we face, including those related to poverty, inequality, climate, environmental degradation, prosperity, and peace and justice.

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MJ Minter Inc on 12/01/2018

Carbon Tax Bill Tabled

The Minister of Finance tabled the Carbon Tax Bill in Parliament on 20 November 2018, giving effect to the announcements made in the 2017 and 2018 Budget and by the Minister in his MTBPS speech in October. In tabling the bill, the Minister stated that “climate change poses the greatest threat facing humankind, and South Africa intends to play its role in the world as part of the global effort to reduce greenhouse gas emissions”. The Carbon Tax Bill, and related measures, will enable South Africa to meet its targets as agreed in the Paris Agreement.

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