Power Fm In Trouble With The Taxman? Radio Station Says Assets Are Not At Risk At All

51 Days(s) Ago   👁 158
power fm in trouble with the taxman radio station says assets are not at risk at all

The long arm of the law has reached out to Power FM in the form of the South African Revenue Service Sars.

The commercial talk radio station based in Gauteng has found itself in hot water with the taxman for unpaid taxes amounting to millions.

In South Africa, it is a criminal offence under the Tax Administration Act for a company to knowingly fail to submit tax returns or pay taxes owed. Offenders can face hefty fines, penalties and even imprisonment for serious violations.

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