What is Value Added Tax (VAT)?
Value Added Tax (VAT) is a tax on spending that is levied on the supply of goods and services in Fiji.
It is charged at rate of 0%, 9% and 15%. The VAT Act requires most businesses and organisations involved in taxable activities in Fiji to;
- register for VAT with FRCS within 21 days of becoming so liable
- Charge and collect VAT applicable to the range of goods and services they supply
- Submit VAT returns and pay the VAT collected to FRCS when due online.
Source Frcs.org
