FRCS Launches New Service on the Taxpayer Online Service (TPOS) Portal

The Fiji Revenue and Customs Service (FRCS) has launched the online filing of Corporate Income Tax (CIT) for tax years 2015 to 2021 on the Taxpayer Online Service (TPOS). CIT is one of the major tax processes of FRCS, which impacts over 35, 000 taxpayers.
For the 2021/2022 Financial Year, CIT had contributed 13.6% or $229.9 million towards the overall revenue collection of $1.692 billion. CIT is filed by companies, co-operatives, estates, trusts and partnerships.
The launch of the CIT online filing for tax years 2015 to 2021 is a significant milestone for FRCS and a demonstration of our commitment to modernise the tax administration, enhance taxpayer experiences and provide more efficient services to Fijians.
Close to 40 CIT returns were filed successfully on TPOS on the first day of the roll-out.
Our digital service aligns with the Fijian Government’s strategy on digital transformation. TPOS is a self-service platform that has transformed the Fijian tax administration with the aim to achieve voluntary compliance, self-assessment environments as well as enhanced the ease of doing business.
FRCS had planned to launch the Personal Income Tax (PIT) online filing for tax years 2015 to 2021 on TPOS simultaneously with CIT online filing for tax years 2015 to 2021. However, this implementation has been deferred to Tuesday 6th September 2022 due to technical complexities related to the migration of data from FRCS’s legacy system.
It is important that all data is migrated correctly to TPOS to avoid any adverse impact on the taxpayers after PIT online filing for tax years 2015 to 2021 is implemented. To facilitate the roll-out of PIT online filing for tax years 2015 to 2021 from next week Tuesday, there will be a system downtime from close of business Friday 2nd September to Monday 5th September 2022. During this time, TPOS will be unavailable.
TPOS went live in December 2019, enabling taxpayers 24/7 access to the FRCS services. Some of these services include Joint ID Card, statement of accounts, ability to update information and file, amend and object to tax returns. TPOS is one of the largest projects in Fiji and currently has more than 100 different services online.
To date, more than 63,000 taxpayers have signed up for TPOS. We encourage more taxpayers to sign up. To access the TPOS portal, taxpayers need to email us the completed one-time login code form available on https://www.frcs.org.fj/wpcontent/uploads/2019/06/FRCS002_Signup-Authentication-Forms-1.pdf and we will send them the code to sign-up.

FRCS Surpasses 2021-2022 Annual Revenue Target

The Fiji Revenue and Customs Service (FRCS) has collected net revenue of $1,692.6m for the 2021-2022 fiscal year, surpassing the forecast by $11.7m or 0.7%. The forecast has been achieved despite an upward revision in the 2021-2022 Revised Budget by $83m or 5.2%.
According to the FRCS CEO, Mr. Mark Dixon, compared to the 2020-2021 fiscal year, overall net collections have shown a remarkable growth by $279.6m or 19.8%.
“We ended the month of July on a very high note, recording a total collection of $186.6m which is above the forecast by $6.4m or 3.5%. The July 2022 collections have shown spectacular growth in comparison to July 2021 collections with an increase in revenue by $71.9m or 62.6%,” he said.
Mr. Dixon said that the 2021-2022 revenue collection started relatively slow with August 2021 recording one of the lowest collections of $84.4m since the first wave of the COVID-19 pandemic.
However, he said that the revenue collection increased in the later months of 2021-2022 with various initiatives undertaken by the Fijian Government such as providing financial support to businesses, injecting cash into the economy through unemployment assistance schemes, re-opening the international borders and other budgetary support.
‘The monthly average net revenue collections in the first 6 months of the year was $130m which later increased to $150m in the second half of the year. The average monthly collection in the last quarter stood at $176.1m. The strong revenue collections in the recent months can be attributed to the recovery of our businesses, the rebound of the tourism sector and increased confidence shown by our consumers. Consumption taxes such as Domestic VAT, Import VAT, Fiscal Duty, Domestic Excise have all been contributing to the positive revenue outcome,” Mr. Dixon said.
Despite the period of recovery and slow revenue collection in the earlier months of the fiscal year, FRCS continued to release refunds promptly to assist businesses with their cash flows. $192.8m has been released in VAT refunds for the fiscal year, exceeding the forecast by $2.3m.