Director accused of tax fraud granted bail
A 36-year-old man was allegedly arrested for tampering with tax returns, inflicting significant losses on the South African Revenue Service.
Witbank Magistrate’s Court granted bail to a 36-year-old man who was arrested by the Hawks’ Nelspruit-based Serious Commercial Crime Investigation team for violating the South African Revenue Services (SARS) Act.
The accused said to be the sole director of a company, allegedly filed for income tax and acquired a tax reference number from SARS.
According to Mpumalanga SAPS spokesperson Captain Dineo Sekgotodi, the accused had a business account with First National Bank but was not enrolled in Pay As You Earn (PAYE).
On January 22, 2020, the accused allegedly filed an income tax return for 2012, requesting PAYE credits and receiving refunds.
The prosecution claims that the claim contained fake information and PAYE numbers that did not belong to the accused.
“The South African Revenue Service experienced actual prejudice in the amount of R996, 253, 68 as a result of these activities,” said Sekgotodi.
After the accused was granted R5 000 bail on Tuesday, November 14, the case was postponed to December 6 at the Middelburg Specialised Commercial Crimes Court.
Local news | Case against directors who allegedly defrauded SARS postponed
Read more here: https://t.co/21mIOWrxLa#Hawks #emalahleni #fraud #Witbanknews— WitbankNews (@WitbankN) August 28, 2023
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