Hefty fine, suspended sentence for Durban tax cheat

Hefty fine, suspended sentence for Durban tax cheat

A Durban businesswoman has been slapped with a hefty fine after pleading guilty to defrauding the South African Revenue Service of more than R3.7 million.

The 2023 Budget Review did, however, provide for tax relief of R13 billion to support the clean energy transition, increase electricity supply and limit the impact of consistently high fuel prices
No major tax proposals amid low-growth economy. Image: Henk Kruger

Nana Magubane was sentenced in the Durban Magistrates’ Court on Tuesday.

 

It's understood that Magubane submitted false invoices to SARS on behalf of a transportation company.

 

KZN Hawks spokesperson Bonnie Nxumalo says Magubane, who is the company's former director, was also handed a suspended sentence.

 

"She was charged with six counts of fraud after a case was opened at Point police station. Magubane was sentenced to an R300 000 fine which will be paid in instalments, and a suspended four-year imprisonment."

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