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Company and director sentenced for PAYE fraud

Company and director sentenced for PAYE fraud

Tshwane, 27 June 2021 – A company and its director were convicted for PAYE fraud for claiming a false PAYE credit of R 5.7 million.

An investigation by auditors of the South African Revenue Service (SARS) found that the false PAYE credit was submitted to nullify a tax debt to the value of R5.6 million. The PAYE credit was disallowed by the SARS auditors.

The company called YB Mashalaba and Associates (Pty) Ltd and the director Mr Yandisa Bavulele Mashalaba pleaded guilty in the Bloemfontein Regional Court.

The company was fined R 100 000 suspended wholly for 5 years, while the director was fined R 500 000 or 5 years imprisonment suspended wholly for 5 years.

SARS Commissioner Edward Kieswetter said companies and their directors would face criminal prosecution if they transgressed the law and tried to defraud the fiscus of any revenue that was due to the state.

“SARS will make it hard and costly for any taxpayer who wilfully and intentionally seeks to break the law as we expect every taxpayer to meet their obligations and pay their fair share of tax,” he said.

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