Dishonest tax consultants bust as Hawks arrests suspects

South African Police Services

Western Cape, the Hawks’ Commercial unit has on Tuesday arrested two suspects. The arrests followed lengthy internal SARS investigations relating to unclaimed Input VAT claims by several Western Cape municipalities, for the period 2009 to 2011.

It is alleged that a tax consultant company under the duo’s directorship was contracted by Oudtshoorn, Venterdorp and Plettenberg Bay Municipalities to assist in recovering unclaimed Input Vat for these periods, and in return, the entity was paid lucratively for each successful tax recovery made.

Investigations laid bare the fact that, the said entity was somehow allegedly inflating their VAT assessment figures as it stood to benefit directly, resulting in the Receiver of Revenue suffering losses to the tune of approximately R16 million.

They are expected to appear in the George Magistrate’s Court on October 4, 2016, to face charges of fraud and contravening Value Added Tax Act.

South Africa Today – South Africa News

SOURCESouth African Police Services