Home Entertainment DJ Euphonik slapped with R11 million tax bill

DJ Euphonik slapped with R11 million tax bill

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DJ Euphonik slapped with R11 million tax bill

DJ Euphonik slapped with R11 million tax bill

Themba Mbongeni, popularly known as DJ Euphonik, was served with a final letter of demand by the taxman for failing to pay more than R11 million in personal income taxes.

The SA Revenue Service (Sars) is also gunning for a writ of execution against the 38-year-old hitmaker if he does not apply for remedies to settle the debt.

In a letter dated September 21, Sars warned Mbongeni that civil action would be instituted within 10 business days should he continue to disregard tax compliance.

Sars spokesperson Anton Fisher said the revenue collector was unable to divulge income tax information to third parties.

“Sars is prohibited from disclosing confidential taxpayer information under chapter 6 of the Tax Administration Act,” Fisher said.

According to the Sars letter of demand, which City Press has seen, Mbongeni is liable to pay R11 103 331.27.

The letter of demand says:

You are requested to make full payment within 10 business days from the date of this demand. You may, within 10 business days from the date of demand, apply for any of the following remedies:

Payment in 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; or
Compromise of a portion of the tax, where this will provide a higher return to the fiscus than liquidation, sequestration or other collection measures,” reads the letter.

Sars further stipulated that, should Mbongeni fail to make full payment or to use any of the remedy options, liquidators would be appointed to begin the sequestration process.

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, or 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.

“As a natural person, you may apply for a reduction of the amount to be paid to Sars based on your and your dependants’ basic living expenses … You may apply for the reduction of the amount to be paid to Sars based on serious financial hardship.”

Mbongeni did not respond for comment.

In other news,

Did you know Muvhango actors Dingaan and Tsholofelo have a daughter together in real life?

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Did you know Muvhango actors Dingaan and Tsholofelo have a daughter together in real life?

The onscreen power couple of James played by Dingaan Mokebe and Meme played by Tsholofelo Matshaba on SABC 2 Venda drama series wowed Mzansi. Muvhango early days was the bomb when we had characters like the devious Meme, who gave Thandaza a torrid time.

The two were best-known for their intriguing…Learn More

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