- Many VAT-registered taxpayers in Fiji are not lodging or are incorrectly lodging VAT returns despite collecting VAT.
- FRCS has identified 2,489 non-lodgers and 1,201 nil-lodgers who have recorded VAT-inclusive sales.
- Non-compliance is a serious offense and undermines government revenue.
- FRCS will begin enforcement actions, including penalties, debt recovery, and prosecution, without further notice.
- Taxpayers must immediately lodge or amend VAT returns, declare correct sales, pay outstanding VAT and penalties, and can seek assistance from FRCS.
Source: frcs.org.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.
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