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€81k tax bill fuels Pistorius's cash woes

OSCAR Pistorius was audited and fined for unpaid taxes after having to declare his assets during his bail hearing, a South African newspaper reported.

The City Press newspaper said the South African Revenue Service fined the double-amputee runner "less than one million rand" (under €81,000), which he paid.

Pistorius' uncle, Arnold Pistorius, said: "Oscar is tax compliant" in a brief statement.

Oscar Pistorius is charged with premeditated murder for the Valentine's Day shooting death of girlfriend Reeva Steenkamp at his house in Pretoria, and will next appear in court on June 4.

He denies murder and says he shot Steenkamp in error after mistaking her for an intruder.

The 26-year-old Pistorius declared in a court affidavit during his application to be freed on bail in February that he earned around €48,000 a year and owned three houses and a vacant plot in South Africa with a combined value of €0.7m.

 

SPIRALLING

Much of Pistorius's income is believed to have come from big-name sponsors Nike and eyewear company Oakley, which suspended their deals after he was charged with murder.

His family has denied previous media reports that he is facing financial ruin because of spiralling legal costs, saying in a statement in March that those legal bills, while huge, were "under control."

Pistorius, now free on €87,000 bail, also has decided to step away from competition for the rest of the year to focus on his upcoming trial, where he will face a life sentence in prison with a minimum of 25 years if convicted of premeditated murder.

hnews@herald.ie


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