14 March 2013 at 10:42
SARS have a right to audit the company going back 5 years and in some case even more. They would take it into account that you were not the owners of the business back then, but could still expect you to have some knowledge of the business as it can be presumed that you did some research into the business before buying it. I suggest speaking to SARS and asking what information they would need and are they able to contact the previous owners. Let them do the pushing.
14 March 2013 at 11:21
Excellent advice, thank you. Exactly what we hoped. Many thanks indeed.