Connect with us

NEWS

DJ Sbu hit with R15 million tax bill by SARS

Published

on

Zahara ancestors at work: DJ Sbu hit with R15 million tax bill by SARS. DJ Sbu has been topping the trends of late. He hogged headlines after he was slapped with a whopping R15-million tax bill by the South African Revenue Service (SARS).

However, this is not the first time he has been in tax woes with the SARS Award-winning musician and media personality Sbusiso Arthur Leope has yet to respond to the claims.

DJ Sbu
DJ Sbu -Image Credit : Instagram/DJ Sbu

Sunday World can reveal that SARS obtained a default judgment against the former Metro FM DJ, popularly known as DJ Sbu, at the Joburg High court last week after he failed to pay the money.

The court papers, which have since made rounds on social media, have it that Leope owed the taxman just under R5-million for personal income tax.

Zahara ancestors at work: DJ Sbu hit with R15 million tax bill by SARS

However, after several defaults, the amount ballooned to over R14-million after more than R4.4-million additional tax and R4.7-million interest were added to the debt.

After all, it seems as if he is too lazy to pay taxes because this is the second default judgment SARS has obtained against Leope, who co-owns one of South Africa’s iconic record labels, TS Records, with businessman-turned-politician Thembinkosi “TK” Nciza.

DJ Sbu
DJ Sbu. Source – Instagram

Reports have it that SARS first obtained a default judgment against Leope,  in 2018. The Mo Faya energy drink owner, in 2018, failed to settle over R2.2-million in tax. After being taken to the courts pleaded with the court to withdraw the previous one and replace it with the one with the higher amount.

“In terms of the Tax Administration Act, the South African Revenue Service hereby withdraws the certified statement filed in respect of the above taxpayer. Kindly endorse both copies of this notice, amend the court record accordingly and return one copy as confirmation of the withdrawal to the address above,” reads the letter dated October 19.

Attempts to solicit a comment from Leope drew a blank as he ignored phone calls and failed to respond to the text message sent to him. Leope’s tax woes come a few months after music duo Major League DJz were hit with a R9-million tax bill, while Gang of Instrumental lead singer Tumi Masemola received a R1.4-million tax bill.

 

Source Link DJ Sbu hit with R15 million tax bill by SARS

Continue Reading