$3.226 billion in taxes has been collected for the first eleven months of the 2025–2026 financial year, placing Government revenue $156.9 million above the year-to-date forecast and $52.3 million ahead of the same period last year.
The Fiji Revenue and Customs Service says the Government's net revenue target for the financial year ending 31st July 2026 is approximately $3.37 billion.
With 95.7 percent of that target already achieved and one month remaining, FRCS is well positioned to meet, and potentially modestly exceed, the annual target, subject to normal revenue performance in July.
For the month of June alone, FRCS collected $430.1 million, exceeding the monthly forecast by $75.8 million and outperforming June 2025 collections by $49.6 million.
Chief Executive Officer Udit Singh says the results demonstrate the resilience of Fiji's revenue base and the effectiveness of FRCS's compliance and revenue collection programs, despite a more challenging domestic and global economic environment.
The strongest contributors to revenue growth during the year were Company Income Tax, PAYE and Value Added Tax, supported by positive performances in Excise Duty, Capital Gains Tax and Departure Tax.
FRCS says the continued strength in Company Income Tax reflects healthy profitability across many sectors of the economy, while PAYE collections indicate that employment and wages have remained resilient.
Strong Domestic VAT collections also demonstrate that business activity and consumer spending remained relatively stable throughout much of the financial year.
FRCS also continues to process legitimate taxpayer refunds efficiently, with refunds representing 8 percent of gross revenue, supporting business cash flow while maintaining the integrity of the revenue system.
