November 23, 2012

960 people to be exempted from paying tax

Publish date/time: 23/11/2012 [16:09]

It will be good news for 960 as they will be exempted from paying tax from next year following the increase in tax threshold from 15,600 to 16,000.

Fiji Revenue and Customs Authority CEO, Jitoko Tikolevu said through this initiative government will be losing $11.6 million.

Tikolevu said this is a balancing act.

Government has introduced Green Tax and increased a few taxes to recover this loss.

Story by: Ronal Deo

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