FBC – Friday 30th June 2017.
Personal Income Tax
From the many highlights of the budget, the tax reforms is one that’s stands out.
Fijian earning below $30,000 will no longer incur personal income tax.
This, after the minimum income tax threshold has been increased from $16,000 to $30,000.
This initiative has been implemented in order to assist in relieving the burden on taxpayers.
This tax changes is also aimed at increasing consumer spending. Read more…
