Court clips Shauwn Mkhize's financial wings over Sars debt

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 24%
  • Publisher: 59%

The high court in Pretoria issued a final liquidation order against a company belonging to Durban businesswoman and socialite Shauwn Mkhize (formerly Mpisane).

South Africa Latest News, South Africa Headlines

In March last year, TimesLIVE reported a number of unmarked vehicles descended on prominent power couple Shauwn and S'bu Mpisane's plush mansion in Durban North.

The visit by officials from Sars was believed to be in relation to an alleged R141m debt owed to them. TimesLIVE witnessed various members of the National Intervention Unit as well as a number of unidentified people entering the home under the watchful eye of the couple's private security personnel. They previously had their assets seized by Sars in 2016 under the Tax Administration Act. Apart from their three-storey mansion in La Lucia, a 54ha farm in the KwaZulu-Natal Midlands registered under the Sbusha Trust, a BMW X5, a Dodge Ram and other cars were also seized.

When the liquidation case was before the courts previously, Mkhize had repeatedly stated that Sars was biased and acteddeclining to enter into a deferred payment arrangement. The court dismissed that claim.he company attempted to show that it met the solvency test by disputing its debt to Sars. The judge relied on Sars' version of the company’s indebtedness and confirmed that the company was factually and legally insolvent.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And you post it now?

In the words of one mzwandileMasina ,we,blacks ,must defend our own.

It's from 16 October guys. You can thank me later.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mkhize sounds alarm over resurgence in Covid-19 cases | CitypressSouth Africa is recording a worrying increase in Covid-19 infections, especially in the Western Cape, according to Health Minister Zweli Mkhize. Isn't that so-called minister self quarantined I never believe any MYANC minister. We in Cape Town have a highly honourable man as Premier, so we ignore the rest with the contempt they deserve. So what? Where are the numbers that matter? Deaths? ICU admissions? Infections without bad outcome is a good thing.
Source: City_Press - 🏆 7. / 72 Read more »

Mkhize sticks to Western Cape Covid-19 spike claims amid disputeThe health minister said that the Western Cape had recorded a 42% increase, with the province's Health Department having identified specific COVIDー19 clusters responsible for the increase in cases. CapeTimesSA ZweliMkhize CapeTimesSA COVID19 cluster is VoetsekEFF CapeTimesSA The fatigue is real. Why single out WC time and time and time again. Rona still lives in SA as a whole surely 🤨 CapeTimesSA Right on cue for the most active part of agricultural season in the Western Cape. If you still believe this is about a virus you deserve the circus you get. Take a stand alanwinde Our_DA . You are are guaranteeing a loss of votes.
Source: IOL - 🏆 46. / 51 Read more »

Expert financial advice still recommended in uncertain timesSPONSORED | LibertyGroupSA There's plenty of evidence to prove that a financial adviser in your life dramatically increases your ability to manage your finances, especially in challenging circumstances. Read more. LibertyGroupSA no ways
Source: TimesLIVE - 🏆 28. / 59 Read more »

Mkhize sticks to Western Cape Covid-19 spike claims amid disputeThe health minister said that the Western Cape had recorded a 42% increase, with the province's Health Department having identified specific COVIDー19 clusters responsible for the increase in cases. CapeTimesSA ZweliMkhize CapeTimesSA COVID19 cluster is VoetsekEFF CapeTimesSA The fatigue is real. Why single out WC time and time and time again. Rona still lives in SA as a whole surely 🤨 CapeTimesSA Right on cue for the most active part of agricultural season in the Western Cape. If you still believe this is about a virus you deserve the circus you get. Take a stand alanwinde Our_DA . You are are guaranteeing a loss of votes.
Source: IOL - 🏆 46. / 51 Read more »

Mkhize sounds alarm over resurgence in Covid-19 cases | CitypressSouth Africa is recording a worrying increase in Covid-19 infections, especially in the Western Cape, according to Health Minister Zweli Mkhize. Isn't that so-called minister self quarantined I never believe any MYANC minister. We in Cape Town have a highly honourable man as Premier, so we ignore the rest with the contempt they deserve. So what? Where are the numbers that matter? Deaths? ICU admissions? Infections without bad outcome is a good thing.
Source: City_Press - 🏆 7. / 72 Read more »

Final day for tax return walk-insThursday is the final day individual taxpayers can file their personal income tax return at a SARS branch. I thought there was a deadly virus ? Get Malema and Ace Behind bars , then come ask for tax money
Source: eNCA - 🏆 49. / 51 Read more »