- FRCS has flagged 3,690 VAT-registered taxpayers for non-compliance.
- 2,489 failed to lodge VAT returns despite recording VAT-inclusive sales; 1,201 submitted nil returns while still recording sales.
- FRCS will now enforce penalties, including default assessments, fines, certificate cancellations, and possible legal action.
- Taxpayers are urged to immediately lodge or amend VAT returns, declare accurate sales, and pay outstanding VAT and penalties.
Source: fijitimes.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.
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