DOCUMENTS

SARS paid out R8,97m for three severance packages in 2015/16 - Pravin Gordhan

This is up from R1,68m in 2014/15, and R 375 048 the year before that

NATIONAL ASSEMBLY

QUESTION FOR WRITTEN REPLY

QUESTION NUMBER 1580 [NW1750E]

DATE OF PUBLICATION: 27 May 2016

1580. Mr D J Maynier (DA) to ask the Minister of Finance:

Whether the SA Revenue Service (Sars) reached any severance agreements with employees in each year since 2006; if not, why not; if so, in each case, (a) what was the (i) date, (ii) full name of the employee, (iii) position held, (iv) settlement amount and (v) reason for the settlement and (b) where were the specified settlement amounts recorded in the annual financial statements of Sars?

NW1750E

REPLY:

The South African Revenue Service has submitted the following information. Please note that the Minister is unable to verify the content.

(a)(i) – (iv) Yes, according to available records SARS reached 13 severance agreements with employees since 2006 to date. The total value of the settlements combined is R19 334 333.91.

The breakdown of these payments per year are as follows:

Fin Year

Nr of Transactions

Sum of R-Value Pay out

Aug-07

1

 R 3, 150 ,894.81

Sep-08

2

 R 1, 674, 920.54

Oct-09

1

 R 435, 134.48

Nov-10

3

 R 3, 047, 735.00

2013/14

1

 R 375, 048.00

2014/15

2

 R 1, 681, 798.20

2015/16

3

 R 8, 968, 802.88

Grand Total

13

 R 19, 334, 333.91

Due to confidentiality provisions of these agreements, as well as protection of personal information governed by the Protection of Personal Information (POPI) Act, SARS is prohibited from disclosing employee specific information regarding the agreements with regards to the names of the individuals concerned, the positions held, the date of separation, reasons for the settlement and the individual amounts involved.

(b) Yes, the amounts were disclosed in the annual financial statements under   employee cost in the statement of financial performance.

Issued by the Minister of Finance, 5 September 2016