South Africa Law
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Thank you for your question. I will try to assist you in answering it today but please feel free to ask as many follow up questions as you like until you are 100% satisfied.
I do not mean to sound callous, but on what exactly do you need advice?
You have a problem with the debt owed to SARS because it is VAT - and SARS is not very lenient when it comes to VAT. If you are fortunate, they will allow you to pay it off over three months and not prosecute you criminally. VAT was never the business' money, en hence SARS is very strict on VAT payments.