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How your taxes are being spent

Just so you know the hard-earned money that you are paying over the tax man is being well spent. We can reveal that the biggest chunk of your taxes are going straight to state salaries and the wages for important people like traditional leaders, kings and queens.

by Jeanine Walker
2018-11-27 18:26
in News
‘Wasteful’ state employees can now end up in prison

The Independent Commission for the Remuneration of Public Office-Bearers has made its recommendations for salary increases for public officials next year. This will include pay hikes for president Cyril Ramaphosa and deputy president David Mabuza.

BusinessTech reports the commission also recommended that all public office bearers receive a 4% pay increase for the April 2018 – March 2019 period.

According to the remuneration commission, its recommendations are mainly based around inflation levels, and how that impacts the lives of public office bearers. “Any consideration around the remuneration adjustments should take into account the effects of inflation to enable employees to maintain their lifestyle,” the commission states.

“There is a general expectation that higher inflation implies a higher remuneration adjustment. As a starting point, the basis for consideration of a salary increase and the particular cost of living adjustment, it would be done relative to headline inflation.”

Traditional leaders will be looked after well. Kings and queens will revive a pay package of R1,223,799 each and senior traditional leaders R256,820 each annually. 

Ramaphose will get R3,109,439, his deputy R2,938,488, his ministers R2,497,698 each and his deuty ministers R2,056,907 each.

BusinessTech repots that Stats SA recently broke down government’s expenses for the 2016/17 financial year, showing that compensation for employees took up 42% (R602 billion) of the R1.5 trillion spent by the state.

Tags: Income Tax South Africastate salariestax
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