ANC crushed by multi-million rand tax bill ‘left unpaid by Zuma’

ANC crushed by multi-million rand tax bill ‘left unpaid by Zuma’

ANC finances are seemingly in meltdown at this point, after salary payments were delayed for the end of April. This follows several other wage woes over the past 18 months, that have left workers short of cash. With pressure on the purse strings already high for the party, it seems that a move from SARS has rattled the 109-year-old institution.

SARS bill hits ANC hard

A Sunday Times report claims that a R17 million bill – taken from the money allocated to the party by the Independent Electoral Commission (IEC) – has been enough to disrupt operations within the ANC. Luthuli House general manager Febe Potgieter acknowledged the situation, predicting that difficulties could last for SIX MONTHS:

“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.”

“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.”

Unpaid tax from Zuma era reclaimed by SARS

With high interest on other taxations still troubling the ANC, staff are no longer guaranteed that their salaries will be paid at the end of each month for the foreseeable future. Their financial struggles have been well documented, as corruption allegations continue to plague the governing party.

This R17 million hit stems back to the Zuma Administration. By the end of 2017, around R80 million in PAYE tax was owed to SARS. Reports claim money WAS deducted from employees, but WAS NOT paid to the Revenue Service. Zuma was ousted from office just months later, leaving Cyril Ramaphosa’s team with a cumbersome tax burden.

Source: thesouthafrican.com

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Tecla Chandata