-
Fiji will reduce its standard VAT rate from 15% to 12.5% starting 1 August 2025, reversing the August 2023 increase and aiming to ease cost-of-living pressures.
-
Zero-rated supplies, including essential food items and household goods, will remain unchanged, ensuring continued tax relief on basic necessities for the population.
-
Despite the rate cut, the government expects the reform to save citizens $500 million, while projected VAT revenue for 2025–26 remains strong at an estimated $446 million.
Source: vatcalc.com
Latest Posts in "Fiji"
- Fiji’s VAT Amendment Act 2025: New Taxpayer Disclosure, Reduced Rates, and Investment Refunds
- Fiji Enacts VAT Amendment Act 2025: Tax Rate Cut, Refunds for Investments, Effective August 1
- Clarification on Tax and Proforma Invoices for VAT-Registered Taxpayers’ Input Credit Claims
- Consumer Council Exposes Pre-VAT Price Increases by Food Businesses Ahead of Tax Cut
- Fiji Monitors VAT Changes: Task Force Ensures Fair Pricing and Compliance
