ECONOMIC TRANSFORMATION ORIENTED BUDGETING AND TAXATION
Value Added Tax (VAT) began as General Sales Tax (GST) under the apartheid regime to cope with the crisis of falling state revenues and as a result of the anti-apartheid sanctions campaign. The apartheid economy was by design intended to service a white minority and to exclude the black majority. After 1994, VAT was sustained […]
REVERSAL OF VAT IS A HARD-WON VICTORY FOR THE WORKING CLASS
The South African Communist Party (SACP) welcomes the decision by the National Treasury, announced on 23 April 2025, to reverse the proposed Value-Added Tax (VAT) increases. This reversal marks a significant victory for the working class, achieved through persistent mobilisation, mass action and principled resistance led by progressive formations, including the SACP. The immediate task […]