The Fiji Revenue and Customs Service has announced the 2025 Market Lending Rate for calculating Discounted Interest Loan Fringe Benefits under the Fringe Benefits Tax (FBT).

The rate has been set at 5.98 percent, which is based on the weighted average market lending rate. This rate was determined in consultation with the Reserve Bank of Fiji (RBF) as required by section 76(3) of the Income Tax Act (Act No. 32 of 2015).

Employers registered for FBT must use this rate for their Fringe Benefits Tax calculations.

For more information, employers can contact the Fiji Revenue and Customs Service via:

Email: info@frcs.org.fj

Phone: Mr. Rajesh Bhan at 3243584 or Ms. Karishma Kumar at 6734310.

This notice is issued on 27th February 2025.

Last Updated - February 4, 2026