The IRR’s Blueprint for Growth 2: Cut VAT & BEE
This paper proposes that the government should unlock billions in growth potential by being transparent about the real costs of so-called BEE “premiums”, reducing BEE premiums to R0, and cutting Value-Added Tax by R100 billion. Taking these steps, says IRR Fellow and paper author Gabriel Crouse, would be the most direct way to unlock the wiser buying power of millions of South Africans, particularly the poor, who best understand the value of every cent they are left to spend after tax.
https://admin.irr.org.za/reports/the-irrs-blueprint-for-growth/the-irr-blueprint-for-growth-2025/2-the-irrs-blueprint-for-growth-2-cut-vat-and-bee
https://admin.irr.org.za/reports/the-irrs-blueprint-for-growth/the-irr-blueprint-for-growth-2025/2-the-irrs-blueprint-for-growth-2-cut-vat-and-bee/@@download/image/Cover_4(1).png
The IRR’s Blueprint for Growth 2: Cut VAT & BEE
This paper proposes that the government should unlock billions in growth potential by being transparent about the real costs of so-called BEE “premiums”, reducing BEE premiums to R0, and cutting Value-Added Tax by R100 billion. Taking these steps, says IRR Fellow and paper author Gabriel Crouse, would be the most direct way to unlock the wiser buying power of millions of South Africans, particularly the poor, who best understand the value of every cent they are left to spend after tax.
