The Fiji government are looking to make investing in Fiji more easily achieved with less “red tape”.
PHARMA 2022 Program in Effect
The Pacific Horticultural & Agricultural Market Access Plus Program (PHARMA) started in Fiji in 2011. The new contract with New Zealand and Australia runs through to July 2026.
Australia Declares New Era in The Pacific
Australia recently announced economic policies and support for the nations in the Pacific, which will not only contribute to the economic development of the Pacific countries but also solidify ties within the South Pacific region.
2022-23 Fiji National Budget Highlights
The Fiji 2021/2022 National Budget has received strong support from businesses and individuals. The policies announced by the Government will ensure that the cost of doing business and the cost of living is subsidized through the pandemic period.
Private Binding Rulings – January 2022
With our economy moving towards the new era of development and advancement, the Fiji Revenue and Customs Services (FRCS) has now implemented Private Binding Ruling (PBR).
A PBR should take the form of legally binding advice which a taxpayer may seek from FRCS. The ruling typically binds the tax authority such that the taxpayer will ordinarily be protected from additional tax, penalties and interest when relying on the ruling issued.
Sale of a Depreciable Asset – Tax Implications
Any sale of a capital asset at a profit may have both income tax and capital gains tax ramifications.
HLB Mann Judd (Fiji) Community Help
A newly built house handed over to Ms Lata by the Commissioner Northern Division (CND) Uraia Rainima. Her house was completely destroyed during TC Yasa in December last year. The incident also claimed the life of her late husband, Mr Ramesh Chand. HLB Mann Judd (FIJI) through a generous sponsorship helped construction of Ms Lata’s house
Fiji Budget -Tax Highlights
As part of our services to clients we will post Budget Tax highlights as and when the Government introduces new budget measures whether by way of a full budget or mini budget. We also send out very regular newsletters on tax changes as they happen, reminders and general updates. Our Tax team are willing to answer any questions you may have in regards to tax changes which may impact your business.
Fiji slashes taxes and duty in COVID Response Budget
The announcement of Fiji’s 2020 – 2021 Covid Response Budget on 1st August 2020, signaled the biggest ever tax cut in modern day. The Fiji Government chose to make Fiji’s tax system even more attractive and there has been very positive response from businesses and investors alike.