Feature

FRCS defers rollout of New Tax Information System that was scheduled to start this month

FRCS defers rollout of New Tax Information System that was scheduled to start this month

The Fiji Revenue and Customs Service has deferred the rollout of the New Tax Information System that was scheduled to start from this month.

Under the system, all taxpayers are to register online and perform their tax obligations online.

The Revenue and Customs Service says they have deferred this in a bid to ensure taxpayers are adequately familiar and comfortable with the new system.

Chief Executive Officer, Visvanath Das says they have reviewed the implementation process to ensure that there is sufficient awareness to customers so that they are familiar once the system goes live.

Das says the awareness process began in April and they will continue to engage with stakeholders to obtain wider range of feedback on the user‑friendliness of the new tax system.

He says the new system should be fit‑for‑purpose for ease of compliance from customer perspective and ease of revenue administration from FRCS perspective.

The New Tax Information System introduces an up‑to‑date online standard in Fiji where tax services will be made accessible and ensures a higher level of voluntary compliance.

Das says all tax types will be administered through this new system.

The first phase will be the sign up process and registration followed by other processes through subsequent releases such as Value Added Tax, Service Turnover Tax, Fringe Benefit Tax, Provisional Tax, Telecommunication Levy, ECAL, Refund PAYE, Collections Management, Tax Agents and Associated Taxpayer Request such as tax clearance, tax compliance, filing extension, payment extension, Time to Pay Arrangement, Statement of Tax Account extraction.

The second phase will include Audit Investigations, De‑registration, Stamp Duty, Tertiary Student Loan Scheme, Objections Review, Capital Gains Tax and other taxpayer requests.

ADVERTISEMENT

MH Moneygram
MH Online Shopping Banner

Stay tuned for the latest news on our radio stations

CFL radio frequencies
LIVE SCORES
Sunderland 0–0 Man United Full Time
Wolves 0–3 Brighton Full Time
Man City 3–0 Brentford Full Time
Bula FC 0–1 South Island United Full Time
Bula FC 0–2 Auckland FC Full Time
Bula FC vs South Melbourne FC 3:00PM
Chiefs vs Highlanders 7:05PM
Fijian Drua vs Waratahs 4:35PM
Blues vs Hurricanes 7:05PM
Bulldogs vs Cowboys 8:00PM
Dolphins vs Storm 10:00PM
Titans vs Raiders 5:00PM