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Labasa Businesses Generate $6.7 Million Annually

Labasa Businesses Generate $6.7 Million Annually
FIRCA Chief Executive Officer Visvanath Das.
April 28
13:51 2018

At least $6.7 million is generated annually from the 5831 businesses in Labasa and that shows the growing economic signifi­cance of the Northern Division.

This was revealed by the chief executive officer of Fiji Revenue and Customs Service (FRCS) Vis­vanath Das during the official opening of their re­furbished office in Labasa yesterday.

“The Northern Division is a budding and emerg­ing economic region which according to our statis­tics, Labasa alone has a customer base of 108,000 taxpayers of which 12 per cent comprise business­men,” Mr Das said.

“The Look North strategy of the Government had been the focus and development of the North consistently over the past few years. Labasa has 5,831 registered businesses. These businesses comprise 381 companies, 269 partnerships and 42 co-operatives.

“We should take pride in our nation and the na­tional development. Paying taxes is a civic duty and we should take pride in doing that. Not pay­ing taxes means you are depriving a fellow Fijian an opportunity to get educated, to receive medi­cal treatment, to receive free medicine, better in­frastructure, social welfare payment and a better quality of life.”

Divisional planning officer North (DPO) Uraia Rainima said FRCS plays a facilitative role in the trading of goods and services and implements tax incentives to promote investments and generate employment.

“As the main revenue collection agency, Govern­ment relies on Fiji Revenue and Customs Services to facilitate economic growth, through the imple­mentation of tax policies and ensuring that the private sector may do business with greater cer­tainty,” Mr Rainima said. There are 27 staff at the Fiji Revenue and Customs Service office in Labasa.

Edited by Mohammed Zulfikar

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