Durban — South African entrepreneur and businesswoman, Shauwn Mkhize, better known as MaMkhize, reportedly faces a hefty tax bill of R37 million.
It is alleged that MaMkhize has accumulated a large amount of taxes. She was found guilty and was ordered by the High Court of South Africa to pay R37 915 549.77c in outstanding taxes, The South African reported.
The full report reads as follows, according to the report:
The Execution Creditor / Plaintiff [SARS] obtained judgment on 16 October 2023 against the Execution / Defendant [Royal AM] for:
“1. The payment of the sum of R37, 915, 549.77 [Thirty-seven million nine hundred and fifteen thousand five hundred and forty-nine rand and seventy-seven cents].”
“2. Interest on the sum claimed in paragraph 1 at the applicable rate per annum from 1 November 2023 to date of payment, the said rate[s] of interest and date from which such interest is payable having been determined by the Execution Creditor / Plaintiff [SARS],” the report concludes,
Sunday World reported that SARS obtained a civil judgment and writ of execution against the businesswoman, allowing the sheriff of court to attach movable assets belonging to the club owner, which are believed to be worth several millions of rands.
“Whereas the execution creditor/plaintiff obtained judgment on 21 August 2023 against the execution debtor/defendant for payment of the sum of R12 749 232.62,” the court order said.
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Compiled by Matthew Petersen
