Hamilton Ndlovu: SARS hit businessman with R36m bill after ‘social media boasts’. If you’ve got it, flaunt it… unless you owe the SA Revenue Service (SARS) a ton of money.
Hamilton Ndlovu might have to learn humility the hard way, after the Pretoria High Court confirmed that the Gauteng-based businessman has no defence for his outstanding tax bill – and must find a way to pay back the money.
HAMILTON NDLOVU CATCHES SARS ATTENTION
One of Hamilton Ndlovu’s most notorious deals came in 2020, after he secured a procurement agreement with the National Health Laboratory Services (NHLS). Several companies in his name also received payments, with almost R50 million clearing in various bank accounts. However, the magnate’s VAT streams were not in line with this mega windfall.
Hamilton Ndlovu judgment is a reminder that people must thread carefully, as you flaunt your proceeds and opulent life for applause, the taxman is monitoring those social media posts and you will be caught to be on the wrong side with SARS.
— Nkanyiso Ngqulunga (@Nkanyiso_ngqulu) March 2, 2021
SARS ALERTED BY SOCIAL MEDIA POSTS
Further investigation was set to take place, but as Judge Sutherland put it, Hamilton Ndlovu essentially did SARS’ work for them. Last year, the ostentatious millionaire caused a scene on social media, as he uploaded photos of a fleet of luxury card purchased at ‘virtually the same time’. Their estimated value totalled R10 million, and alarm bells starting ringing
Monies received by several other companies from a set of multi-million rand agreements were also identified as ‘alter egos belonging to Mr. Ndlovu‘. He has since been designated as a non-compliant party, after it was calculated that he owes the taxman R36 million in unpaid bills. If only he had put his profile on private…
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‘HAMILTON NDLOVU DID THE TAXMAN’S JOB FOR US’
“Hamilton Ndlovu is solely responsible for SARS taking an interest in his affairs and that of the respondents. He thrust himself out of obscurity by doing two things. First, in May 2020, he bought five luxury vehicles at about the same time as certain other respondents received payment for lucrative contracts with NHLS. Then, he bragged about this feat online.”
When you drive with an outstanding traffic fines, you tend to be extra careful and not do things that will get you stopped.
— ukhanki (@TboozeSA) March 3, 2021
This judge is savage. He says Hamilton Ndlovu exposed himself by flaunting on social media. He also says Ndlovu saved SARS the trouble of reading his tax returns from 2016 onwards by not filing at all. He further says SARS officials sleep on the timelines looking for cases. pic.twitter.com/VbcE4rxDap
— PearlSello (@SANPRasep) March 3, 2021
“Apparently, there are people at SARS who trouble to follow social media. They looked into his tax affairs and were impressed that Ndlovu had spared SARS the burden of reading any tax returns since 2016. They referred the big spender to the Illicit Economy Unit who have a keen interest in mismatched income and expenditure phenomena.”