2021-2022 Fiji National Budget Highlights
Fiji Budget 2021/2022
The policies announced by the Government focused on adjusting taxes raised on consumables to allow locals to continue to afford basic necessities. Revision to fuel duty was announced. Minimum wage rates were also increased in the light of inflationary effects on Fijians
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...
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.
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