- Fijian Government plans to lower VAT rate to 12.5 percent from August 1, 2025
- E-wallet services will be exempt from VAT
- VAT refunds for solar panel installations, excluding solar heaters and standalone lighting
- Reduced fringe benefits tax for electric vehicles
- CGT exemption for first residential property co-owned with non-family members
- NRWT rate on insurance premiums increased to 3.75 percent
- Tax holiday for renewable energy projects extended to 10 years
- Income from carbon trading exempt from income tax
- New 25 percent investment allowance for tour activity businesses
- Tax incentives for work placements and hiring persons with disabilities extended to end of 2026
- Amendments to tax laws for CGT on share buybacks and participation in international tax convention
- Businesses must maintain separate e-wallet accounts for transactions
- Businesses with turnover of FJD50,000 or more must register for VAT Monitoring System
Source: answerconnect.cch.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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