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SMMEs at Risk of Fines and Jail Time for Tax Non-Compliance

Summary by Harare Live

Small and medium-sized enterprises (SMMEs) in South Africa could face serious legal consequences if they attempt to evade taxes, cautions Lenichea Carelse, Accounting Manager at Tax Consulting SA. Businesses found guilty of tax fraud risk hefty fines and potential prison sentences of up to two years. The warning follows a call from the South African … The post SMMEs at Risk of Fines and Jail Time for Tax Non-Compliance appeared first on Harare L…

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SMMEs at Risk of Fines and Jail Time for Tax Non-Compliance

Small and medium-sized enterprises (SMMEs) in South Africa could face serious legal consequences if they attempt to evade taxes, cautions Lenichea Carelse, Accounting Manager at Tax Consulting SA. Businesses found guilty of tax fraud risk hefty fines and potential prison sentences of up to two years. The warning follows a call from the South African … The post SMMEs at Risk of Fines and Jail Time for Tax Non-Compliance appeared first on Harare L…

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Harare Live broke the news in 3 days ago on Tuesday, February 18, 2025.

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