FHTA spells out national budget

FHTA spells out national budget

Fiji Times Thursday 06 July 2017  ZERO import duty on vessel parts, removal of the super yacht tax, establishment of Port Denarau as a clearance port and transparency on tax use were all pluses for the tourism industry, says the Fiji Hotel and Tourism Association.

Chief executive officer Fantasha Lockington said the incentives in the 2017-2018 national budget were acknowledged and appreciated by the industry.

However, she said FHTA was disappointed that the environmental levy had gone up.

“While the association is disappointed that the environmental levy (now called the environment and climate adaptation levy — ECAL) has been increased, offsetting the decrease in service turnover tax, which is still only mainly applicable to the tourism industry, and that despite providing clear explanations on why hotel incentives are still required yet not provided for, we are really appreciative that there has been no increase in tourism specific taxes,” Ms Lockington said.  Read more…