Many taxpayers face the wrath of SARS when there is outstanding tax debt. SARS has a number of mechanisms to collect outstanding tax debt. One of them is to hold another person personally liable for the taxpayer’s outstanding tax debt.
Generally, customs value (CV) is mostly queried in relation to imports. The reason being that duties and VAT on importation are based on customs value. Exports are mostly free of duty and there is no VAT consequence. As a result, CV for exports is seldom queried by SARS. The exception is export duty on waste scrap metals as provided for in Schedule 1 Part 6 of the Customs and Excise Act, 1964 (CEA).
Shepstone & Wylie (S&W) will not change its banking details. Any communication you receive stating we have done so will be false - please contact us immediately.
If you bank with Standard Bank, Nedbank, Investec, FNB or Absa Bank you are encouraged to pay us using the bank approved beneficiary: Shepstone and Wylie Attorneys.
If you don’t use the bank approved beneficiary option, you must always call us to verify our banking details before making any payment.