South African entertainer, Desmond Dube has reportedly been issued with a letter of demand by the South African Revenue Service (SARS). To settle a debt of over R1.4 million in unpaid taxes.
City Press reveals that the actor and comedian had been issued with the letter last week. Which stipulates that he has an outstanding tax bill of R1.4 million.
The publication adds that Dube has 10 business days to settle the R1 432 675.61 debt.
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The letter reads as follows:
“According to the records of Sars, you have failed to pay your tax debt for one or more tax years and tax periods… you are requested to make full payment within 10 days from the date of this letter of demand.”
“You may within 10 business days from the date of this letter of demand apply for any of the following remedies: payment instalments where you are unable to pay the full amount, suspension of the debt where you intend to submit or have submitted a formal dispute, compromise of a portion of the tax where this will provide a higher return to the fiscus than liquidation, sequestration, or other collection measures.”
SARS has included a warning that it will seek an order from the high court. To render the media personality’s estate if he doesn’t make arrangements to settle the debt.
“Failure to make full payment or use the above remedies may result in the following actions and possibly others: Sars may appoint any third party who presently or in the future will owe you money or hold money for you to settle your tax debt with this money. A civil judgment being entered against you in which case a warrant of execution may be issued for the Sheriff of the court to attach and sell your assets.”
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We hate to say it but not all that glitters is gold because from where we are standing, it seems like our celebrities can’t handle their pockets very well.
But question is, where does the problem stem from?