Boxing SA didn't pay boxers' tax
ANDILE Sdinile has dropped a bombshell. Boxing South Africa has not been paying boxers' tax monies to the South African Revenue Service,
The outspoken chairperson of Boxing SA's management committee told Sowetan this yesterday.
And boxing's governing body has moved quickly to contain the fallout from the saga, by announcing that it will no longer deduct tax from boxers' fight purses.
That announcement was made by BSA's director of operations Loyiso Mtya yesterday.
Sdinile said: "When we (Sdinile, Solly Selebi and Mark Sifris) joined the board of BSA in August (last year), we realised that they were deducting 25percent of boxers' purse money and not paying it over to Sars.
"We took the decision that the practice must stop with immediate effect, but it continued without our knowledge. We were unaware of this until we were contacted by some boxers at the end of March (2011).
"We found that we were told lies by an official at BSA's offices to say that there was an agreement between Sars and BSA."
Sifris, who was chairperson of BSA's finance committee, apparently identified some irregularities and reported them to the board and chairperson but nothing was done. He resigned from the board.
Mtya's announcement comes after top fighters Takalani Ndlovu, Cassius Baloyi and Samuel Malinga blamed BSA for their massive tax debts.
Mtya said the decision to stop deducting tax from boxers' purse monies was taken in September 2010.
"We could only apply it after our tax year-end, which is February," he said, adding that boxers must collect their IRP5 certificates from BSA's office.
"They are for the years 2008, 2009, 2010 and 2011. Other IRP5s will be forwarded to provincial managers."