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.