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How does sequestration and outstanding tax work?

Posted 18 March 2016

Lindy said:
18 March 2016 at 8:10

If you have a voluntary surrender of personal estate (sequestration) and there is a tax amount outstanding is it payable or does it form part of the estate?

TaxTim Nicci TaxTim Nicci said:
18 March 2016 at 12:30

It should form part of the estate as SARS is one of your creditors.

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