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News 2022

Fiji Joins Global Forum on Transparency and Exchange of Information for Tax Purposes

December 1, 2023

In recognition of the importance of global tax transparency, Fiji officially joined the Global Forum on Transparency and Exchange of Information for Tax Purposes on November 16, 2023, becoming its 169th member. The Global Forum is the leading international body working on the implementation of global transparency and exchange of information standards around the world....

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FRCS Surpasses Revenue Target for First Quarter of 2023-2024 Fiscal Year

November 10, 2023

The Revenue and Customs Service (FRCS) has surpassed its first quarter fiscal year revenue target by collecting a total net revenue of $742.1 million for the quarter ended 31 October 2023, exceeding the forecast by $9.3 million, equivalent to 1.3%. This represented a significant 28.6% ($164.9 million) growth over the same period last year. The...

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FRCS Launches the VAT Guide

November 2, 2023

VAT is a consumption tax which is administered by FRCS and contributes approximately 40 to 45 percent of the Government revenue. The objective of the VAT Guide is to support voluntary compliance as it will provide practical guidance on the application of the VAT laws and allow taxpayers to implement the VAT legislation more effectively. ...

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FRCS Reviews Requirements for Tax Clearance

October 16, 2023

The Fiji Revenue and Customs Service (FRCS), in consultation with the Reserve Bank of Fiji (RBF), has increased the financial limit for obtaining tax clearance from FJ$10,000 to FJ$20,000 effective from 6th October 2023. This excludes payment for services of any amount. Individuals and businesses will not require Tax Clearance Certificate (TCC) for remittances (except...

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FRCS Launches Tertiary Entry Level Paid Program (TELPP)

September 27, 2023

We were delighted to launch our Tertiary Entry Level Paid Program (TELPP) this morning at our Regional Training Centre at Nasese Complex in Suva. TELPP has been developed through the technical assistance from the Australian Tax Office (ATO). The Program provides an early engagement point, aiming to attract, recruit and retain high quality tertiary students...

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FRCS Announces the Appointment of Mr. Uraia Rasake as the Director People, Capability & Culture (PCC)

August 31, 2023

The Fiji Revenue andCustoms Service (FRCS) has announced the appointment of Mr. Uraia Rasake as the Director People, Capability & Culture (PCC) effective from 21st August 2023. Mr. Rasake will be responsible for FRCS’s human resources strategy and operations including talent management, recruitment, training and development. “I am pleased to welcome Mr. Rasake to the...

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FRCS Unveils VAT Compliance Campaign: A Step Towards Greater Taxpayer Awareness and Compliance

August 25, 2023

The Fiji Revenue and Customs Service (FRCS) is thrilled to unveil the VAT Compliance Campaign, an innovative endeavor aimed at promoting transparency, comprehension, and adherence among taxpayers in Fiji. This initiative is of great importance following the recent Fiji Government announcement of the increase  in the VAT rate from 9% to 15%. The VAT Compliance...

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FRCS Surpasses 2022-2023 Fiscal Year Revenue Target

August 4, 2023

The Fiji Revenue and Customs Service (FRCS) has collected a cumulative net revenue of $2.285b at the closure of the 2022-2023 fiscal year, exceeding the forecast by $33.3m or 1.5%. Total revenue collections also surpassed 2021-2022 fiscal year collections by $592.7m or 35.0%. The positive out-turn stems from the outstanding July performance, which recorded net...

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FRCS and FCCC Collaborate to Form a Joint Taskforce on Price Surveillance

August 2, 2023

The Fiji Revenue and Customs Service (FRCS) in collaboration with the Fijian Competition and Consumer Commission (FCCC) has formed a Price Surveillance Taskforce and the two organisations have intensified inspections and are closely monitoring the market to ensure that the changes in the VAT (Value Added Tax) rates and customs duties announced in the 2023/2024...

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FRCS Announces Appointment of New Board Directors

August 2, 2023

The Fiji Revenue and Customs Service (FRCS) has announced the appointment of two new members to its Board of Directors, Ms. Nancy Tikoisuva and Dr. Neelesh Gounder. Ms. Tikoisuva and Dr. Gounder have been appointed in accordance with Section 4 of the FRCS Act 1998 for 3 years effective from 25th July 2023. FRCS’s Acting...

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