BREAKING: A MAJOR RADIO GIANT IS ON THE BRINK. Power FM, the voice of Gauteng, has been CAUGHT in a multi-million rand tax nightmare with SARS. This isn’t a simple mistake—this is a massive alleged failure to pay what it owes the South African people.
Shocking documents reveal the station owes a staggering R3.5 MILLION. This includes over R2.7 million in unpaid worker taxes (PAYE), over R235,000 in VAT, and hundreds of thousands more in UIF and skills development fees. Penalties and interest have sent the debt SKYROCKETING.
This is a CRIMINAL OFFENCE. The Tax Administration Act is clear: failure to pay can mean prison. SARS has already obtained a DEFAULT JUDGMENT against Power FM and has them BLACKLISTED. A leaked letter of demand, seen by Daily Sun, warns of asset attachment and public auction if the debt isn’t settled.
But here’s the twist: While SARS prepares to SEIZE ASSETS, Power FM’s management is telling a different story. Managing Director Tshifhiwa Mulaudzi ADMITS the debt and the letter of demand, but claims, “The company’s assets are not at risk at all.” He confirms a payment arrangement is now in place.
WHO DO YOU BELIEVE? The aggressive taxman with a court judgment in hand, or the radio bosses suddenly making a deal? This is about more than one station—it’s about who thinks they can play by different rules while everyday citizens pay their share.
While SARS stays silent, hiding behind “confidentiality,” and Power FM tries to control the narrative, one terrifying question remains: How many other “respectable” companies are secretly drowning in debt to the state? The silence from the powerful is DEAFENING.
Your pay-as-you-earn taxes paid their salaries, but they didn’t bother to pay them back.
Edited for Kayitsi.com
Author: Kayitsi.com
