An owner of a PSL club is facing a R37 million tax bill from the South African Revenue Service (SARS).
Royal AM President Shauwn ‘MaMkhize’ Mkhize has yet again lost another legal battle. The High Court of South Africa on Monday, 16 October demanded she dig deep into the pockets to pay SARS.
It is understood the Thwihli Thwahla owner had unpaid taxes due to the nation’s tax collecting authority. The Warrant of Execution from the High Court further directed the sheriff of the court “to attach and remove the movable property of the Royal AM”.
HIGH COURT HANDS SHAUWN MKHIZE R37 MILLION TAX BILL
“The Execution Creditor / Plaintiff [SARS] obtained judgment on 16 October 2023 against the Execution / Defendant [Royal AM] for:
“1. The payment of the sum of R37, 915, 549.77 [Thirty-seven million nine hundred and fifteen thousand five hundred and forty-nine rand and seventy-seven cents].
“2. Interest on the sum claimed in paragraph 1 at the applicable rate per annum from 1 November 2023 to date of payment, the said rate[s] of interest and date from which such interest is payable having been determined by the Execution Creditor / Plaintiff [SARS],” the Warrant of Execution reads as seen by FARPost.
SAMIR NURKOVIC OWED R12 MILLION BY PSL SIDE ROYAL AM
Meanwhile, Royal AM have yet to pay R12 million owed to their former striker Samir Nurkovic. According to SABC Sport, the Pietermaritzburg-based outfit was ordered to pay the former Kaizer Chiefs striker a two-year contract in full by FIFA.
Nurkovic was signed by AM on a free transfer in 2022, however, the club terminated his contract after three months. The report stated the Serbian forward wasn’t paid anything during his time in KZN.
The amount owed to Nurkovic covers his lawyers’ fees, two-year salary, and an interest as the club as been delaying to pay.
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