![](https://www.moonstone.co.za/wp-content/uploads/retrenchment.jpg)
Severance pay isn’t compulsory if you are retrenched for operational reasons
At issue: did the retrenching employer’s efforts secure alternative employment for the retrenched employees?
Taxpayers should inform SARS if they have been unemployed for a full year or longer, to avoid being flagged as non-compliant.
Read moreAt issue: did the retrenching employer’s efforts secure alternative employment for the retrenched employees?