Cash-strapped Denel has not paid Sars since April, says union

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Cash-strapped Denel has not paid Sars since April, says union 🔒

Cash-strapped state-owned arms maker Denel, which has been struggling to pay its workers their full salaries, failed to pass on tax contributions deducted from employees’ earnings to the SA Revenue Service since April.

This emerged after trade union Solidarity lodged a court application to force Denel to pay over the unemployment insurance and taxes that the union said the state-owned firm is still deducting from staff.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

 

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