8 March 2023
President Cyril Ramaphosa and the Public Officers for Ntaba Nyoni Estate and Ntaba Nyoni Feedlot provided consent to SARS to make a public statement on their Tax Compliance Status.
SARS can select individuals for inspection, verification, or audit based on any relevant consideration, including random or risk assessment. The taxpayers were selected for audit well before media publications concerning their companies. The taxpayers have fully cooperated with SARS during the audits without interference or resistance. President Ramaphosa did not approach the SARS Commissioner with any request related to his personal or business entities. The audits have concluded without adverse tax findings, and the taxpayers are currently compliant with their tax obligations.
SARS acts without fear, favor, or prejudice and treats every taxpayer with confidentiality granted in law, regardless of their position or place in society.
You can read the full media release here.
- President Ramaphosa is tax compliant, watch the interview here.
SARS is satisfied that all income has been disclosed, watch this interview here.
