SARS Sequestrates Director Over R155 Million Company Tax Debt – Pay Your Taxes or Face the Consequences
The South African Revenue Services’ (SARS) provisional sequestration of Mr Roy Muleya, sole director of a company with a tax liability of about R155 million, underscores the serious consequences of tax non-compliance, as confirmed by the North Gauteng High Court on 29 October 2025.
Parliament Heard Foreign Pensions Tax Could Deter Wealthy Retirees, Returning Expatriates and Investment
The proposed removal of the tax exemption on foreign retirement funds for South African tax residents could have far-reaching negative consequences, including deterring wealthy foreigners and expatriates from choosing South Africa as a retirement destination, discouraging return migration, and scare off global investors from starting businesses in South Africa.
