The cash-strapped ANC is struggling to pay salaries after the South African Revenue Service (SARS) laid claim to R17 million because of unpaid taxes.
This is according to a report in the Sunday Times, which said SARS has garnisheed R17 million allocated to the ANC by the IEC for the first quarter of 2021/22.
Luthuli House general manager Febe Potgieter informed employees of the situation on Friday.
“Due to continued financial difficulties, this situation of uncertainty with regard to the exact date of payment of salaries is likely to continue for the coming three to six months,” Potgieter wrote.
“We appeal to the financial institutions and other creditors of our staff to take note that late payments by no means are the fault of the individual staff, and therefore not to penalise them for this unfortunate situation.”
According to ANC insiders, the party had an R80 million tax bill when Paul Mashatile became treasurer-general in December 2017, while the party reportedly owed a further R140 million in provident-fund debt.
Insiders allege that the tax bill includes millions of rands in PAYE tax which was deducted from salaries, but not paid to SARS.
“When the current [treasurer-general] came into office there was an R80m debt that he inherited that was owed to Sars,” an ANC insider told the Sunday Times.
“To date he has paid over R100m servicing that debt and its interest. But because of the interest, the debt remains high to date.”
source:
https://mybroadband.co.za/news/governmen...lions.html
This is according to a report in the Sunday Times, which said SARS has garnisheed R17 million allocated to the ANC by the IEC for the first quarter of 2021/22.
Luthuli House general manager Febe Potgieter informed employees of the situation on Friday.
“Due to continued financial difficulties, this situation of uncertainty with regard to the exact date of payment of salaries is likely to continue for the coming three to six months,” Potgieter wrote.
“We appeal to the financial institutions and other creditors of our staff to take note that late payments by no means are the fault of the individual staff, and therefore not to penalise them for this unfortunate situation.”
According to ANC insiders, the party had an R80 million tax bill when Paul Mashatile became treasurer-general in December 2017, while the party reportedly owed a further R140 million in provident-fund debt.
Insiders allege that the tax bill includes millions of rands in PAYE tax which was deducted from salaries, but not paid to SARS.
“When the current [treasurer-general] came into office there was an R80m debt that he inherited that was owed to Sars,” an ANC insider told the Sunday Times.
“To date he has paid over R100m servicing that debt and its interest. But because of the interest, the debt remains high to date.”
source:
https://mybroadband.co.za/news/governmen...lions.html