- Government reduces VAT from 15 percent to 12.5 percent effective August 1st
- Tax relief of $250 million provided through VAT reduction
- Additional $250 million relief through zero-rated VAT on 22 essential items
- Total VAT relief of $500 million for Fijians
- Review of heavy tariff protection for domestic manufacturers and producers
- Tariff on chicken portions and offals reduced from 42 percent to 15 percent
- Fiscal duty on frozen fish reduced from 15 percent to 0 percent
- Fruits and vegetables like tomatoes and cabbage continue at 5 percent duty
- Other fruits and vegetables not available in Fiji continue at zero duty
- Everyday items like potatoes and cooking oil continue at zero duty
- Zero duty on lamb products continues
- Reduced duty for beef and other meats continues at 15 percent
- Five percent duty on dairy products maintained
- Previous exclusive tariff arrangement on dairy products removed
Source: fbcnews.com.fj
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.
