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Ayanda Ncwane Reportedly Owes SARS Over R2 Million

BYadmin

According to reports, Ayanda Ncwane’s late husband Sfiso Ncwane’s record business Ncwane Communications owes SARS more than R2 million.

After her husband died, the entrepreneur took over her husband’s label, and she has been battling to manage the company due to debt.

“It is also understood that despite numerous reminders to her of the debt, the bill was never settled,” City Press reports.

She was reportedly given 10 business days in April 2022 to settle the R2 181 060 debt but failed.

“According to the records of the SA Revenue Service, you have failed to pay your tax debt for one or more tax years and/or tax periods. You are requested to make full payment within 10 business days from the date of this letter of demand”, read the letter.

“You may within 10 business days from the date of this letter of apply for any of the following remedies … compromise of a portion of the tax, where this will provide a higher return to the fiscus than liquidation, sequestration, or other collection measures,” the letter from the receiver read.

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