In terms of the Statistical Release on liquidations and insolvencies published by Statistics South Africa in July 2021, there has been a 21.5% increase in the number of liquidations in the first seven months of 2021 compared to the first seven months of 2020. This has not deterred SARS from collecting outstanding tax debts from defaulting taxpayers. In this edition of Business Law Focus, host Evan Pickworth speaks to Tax Executive at ENSafrica, Ntebaleng Sekabate, about the key tax considerations to keep in mind when a company is in financial distress.