DStv Channel 403 Friday, 26 April 2024

SARS says Ramaphosa is tax compliant

President Cyril Ramaphosa and officials of his Ntaba Nyoni Estate and Ntaba Nyoni farm are in good standing with the taxman.

 

JOHANNESBURG - The South African Revenue Service says President Cyril Ramaphosa and officials of his Ntaba Nyoni Estate and Ntaba Nyoni farm are tax compliant.

The revenue service says it received consent from them to release this information.

SARS is prohibited by law from releasing taxpayers' information without consent.  

READ: Phala Phala Farm Theft | DA says millions were not declared to SARS

There's been strong public interest in the president's financial affairs.

This week it emerged that the $580,000 paid by Sudanese businessman Hazim Mustafa to Ramaphosa hadn't been declared to SARS.

The businessman apparently bought cattle at the president's Phala Phala farm in 2020.

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