Kay Lee Roast Meat’s Former Owner Jailed For Avoiding S$55,000 Worth Of Taxes

29 August
Kay Lee Roast Meat

Photo Credit: Fatboo

Former Kay Lee Roast Meat’s owner Ha Wai Kay, 64 has been convicted of tax evasion that amount to nearly S$55,000 by under-declaring sales by more than S$325,000 in 2009 and 2010.

He was the original owner of the chain before the brand was sold to the Aztech Group in 2014.

kay lee roast meat

Photo Credit: Channel News Asia

Ha was sentenced to 4 weeks of jail and had to pay up a fine of S$164,751.45, which is three times the amount of tax evaded.

In addition, Ha’s wife who is the owner of Wan Tat Eating House was also guilty of helping her husband to evade taxes and was subsequently sentenced to four weeks of jail and a similar fine of S$164,751.45.

The Inland Revenue Authority of Singapore (IRAS) has confirmed that both parties have pleaded guilty and paid up the full amount of income tax evaded.

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