Hi there
A Pty Ltd was liquidated earlier this year. Seems the directors are unhappy that all the "calculated profits" of the company were shifted by the auditors to their salary accounts. Leaving the directors to pay the taxes. Another issue is that they don't trust the last 6 years' Financials, saying they believed it made no profit as they had to loan big sums of money (which doesnt appear on the financials). The directors now request for it to be recompiled and retaxed. If the liquidators are fine with the recompilation (as SARS has the only claim of PAYE monies) would it be allowable ?
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