Question NW1580 to the Minister of Finance
02 September 2016 - NW1580
Maynier, Mr D 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?
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 |
|
2007/08 |
1 |
R 3, 150 ,894.81 |
|
2008/09 |
2 |
R 1, 674, 920.54 |
|
2009/10 |
1 |
R 435, 134.48 |
|
2010/11 |
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.