Use the tax system to pay out lockdown benefit, say economists
Covid-19 Economists Group recommends that all workers get a part of their wages through the SA Revenue Service
19 April 2020 - 19:00
With work stopped for millions by the lockdown, the quickest and simplest way to provide wage support to employees in the formal economy would be for the SA Revenue Service (Sars) to use the tax system to pay employers a portion of workers’ wages automatically.
This recommendation comes from the Covid-19 Economists Group, a network of economists who are supporting efforts to deal with the economic effects of the pandemic in SA, in a paper written by group convener Miriam Altman...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.