FRCS Notification – “AMNESTY ON TAX PENALTIES”

FRCS Notification – “AMNESTY ON TAX PENALTIES”

PUBLIC NOTICE

The Minister for Economy, Honorable Aiyaz Sayed-Khaiyum in his 2017/2018 National Budget Address on 29 June 2017 had announced Tax Amnesty by Fiji Revenue & Customs Authority (FRCA) for waiver of penalties on registration, outstanding returns and tax payments, for any taxable period prior to 31st December 2017, provided taxes are fully paid and outstanding returns are lodged before the end of the amnesty period.

The amnesty period is from 30th June 2017 to 31st December 2017 and it is aimed at providing relief to taxpayers with annual gross income of $1.5m or less, from the burden of penalties and to assist those who face genuine financial difficulties to take this opportune time in updating their records with FRCA.

Read more: Amnesty on Tax Penalties [PDF 116KB]