AfricaEntertainmentSouth Africa

Socialite Shauwn Mkhize declares war on the taxman

By Tatenda Marwodzi

Spread the love

Socialite and businesswoman Shauwn Mkhize has declared war on South African Revenue Services (SARS). Following a court order granting SARS permission to liquidate her company, Mkhize has vowed to “fight” the decision even if it means she will “sell every a teaspoon” in her house.

According to SARS, Mkhize’s company, Zikhulise Cleaning Maintenance and Transport Service (ZCMT) owes R204 million (US$12.3 million) in taxes. The matter to recover the tax owed began in 2016 when SARS, at the time, alleged that Mkhize’s business owed R144 million (US$8.7 million) which led to the repossession some of her luxury cars.

Mkhize has however disputed the amount and has revealed that she will be appealing the court’s decision.

“In the 4 years in question I have contributed R350 million to SARS,” she told SABC news. Mkhize believes that if a proper audit is conducted, the courts will discover that her company owes less than R50 million (US$3 million) in taxes.

Mkhize amassed her fortunes through ZCMT a construction company that provides low-cost housing for local municipalities. Through government tenders, she accumulated more properties and eventually ventured into the entertainment industry. She currently has a reality tv show with her son called “Kwa Mamkhize”.

As of June 2020, she was estimated to have a net worth of R300 million (US$18 million) and owns a lavish million-dollar property in La Lucia.

Spread the love
Show More

Leave a Reply

Your email address will not be published.

Back to top button
  • Media Bypass allows you to access and report news from all over the world as it happens. This is achieved by bringing together a big team of participants as both Journalists and Readers.