Fiji Sun, 22 April 2017 – Due Dates for Advance Tax
A person who believes that the tax payable for the current year will be significantly less than the tax payable for the previous year can file a statement of the income tax estimated to be payable by the person for the year requesting FRCA for a review in their Advance Tax payments.
Example , last year’s tax payable for a business was $30,000, and this year’s expected to be $20,000, hence, the business can apply to FRCA for a review of Advance Tax payments. read more…
