Dear Valued Customers
In line with the changes announced in the 2023-2024 National Budget on June 30, 2023, we wish to update you on the following amendments regarding Pay As You Earn (PAYE):
- The Social Responsibility Tax (SRT) will now be integrated into the PAYE tax bracket.
- Effective from January 1, 2024, there will be a 5% reduction for PAYE income tax brackets exceeding $270,000 as follows:
Chargeable Income ($) | Resident Individual | Non-Resident Individual |
Income Tax ($) | Income Tax ($) | |
0 – 30,000 | Nil | 20% of excess over $0 |
30,001 – 50,000 | 18% of excess over $30,000 | $6,000 + 20% of excess over $30,000 |
50,001 – 270,000 | $3,600 + 20% of excess over $50,000 | $10,000 + 20% of excess over $50,000 |
270,001-300,000 | $47,600 + 33% of excess over $270,000 | $54,000 + 33% of excess over $270,000 |
300,001-350,000 | $57,500 + 34% of excess over $300,000 | $63,900 + 34% of excess over $300,000 |
350,001- 400,000 | $74,500 + 35% of excess over $350,000 | $80,900 + 35% of excess over $350,000 |
400,001- 450,000 | $92,000 + 36% of excess over $400,000 | $98,400 + 36% of excess over $400,000 |
450,001- 500,000 | $110,000 + 37% of excess over $450,000 | $116,400 + 37% of excess over $450,000 |
500,001 – 1,000,000 | $128,500 + 38% of excess over $500,000 | $134,900 + 38% of excess over $500,000 |
1,000,001 + | $318,500 + 39% of excess over $1,000,000 | $324,900 + 39% of excess over $1,000,000 |
The updated 2024 PAYE Regulation 6 Formula, Calculator for Individuals and the new Excel filing template for 2024 with the excluded SRT and Environment & Climate Adaptation Levy (ECAL) can be accessed on this Link:
For more information, please call us on 3243000 or 1326 or email: payevalidation@frcs.org.fj
Last Updated - February 4, 2026