Sars swoops on GladAfrica assets for unpaid debt of R88m
GladAfrica assets to be attached over failure to make PAYE and VAT payments to SA Revenue Service
10 August 2021 - 20:17
The SA Revenue Service (Sars) said on Tuesday it had obtained a civil judgment and a writ of execution to attach assets belonging to GladAfrica Management Services over an unpaid debt of R88m.
GladAfrica, which is now sponsoring the first division national soccer league, will have its assets attached after it submitted PAYE and VAT returns without making payments to the revenue collector...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.