Business

FRCA’s call to taxpayers

By JYOTI PRATIBHA The Fiji Revenue and Customs Authority (FRCA) aims to collect $350million in taxes over the next two months. Out of this, FRCA chief executive officer, Jitoko Tikolevu
05 Oct 2012 09:55

Fiji Revenue and Customs Authority chief executive, Jitoko Tikolevu (left), and Airports Fiji Limited chief executive, Tony Gollins, during the Memorandum of Understanding signing for gold card services at the Customs Office at Nadi Airport yesterday. Photo: WAISEA NASOKIA

By JYOTI PRATIBHA

The Fiji Revenue and Customs Authority (FRCA) aims to collect $350million in taxes over the next two months.
Out of this, FRCA chief executive officer, Jitoko Tikolevu said, they aimed to collect at least $50million from arrears.
FRCA collects at least 90 per cent of the Government’s revenue. Its revenue collection forecast this year is $1.729 billion, a nine per cent growth over the 2011 figure of $1.586bn.
Mr Tikolevu said collection of arrears would mean that the Authority would be coming down hard on people who are still trying to evade payment of tax.
“Fiji offers the lowest tax rates yet people are trying to evade tax, which is not going to be acceptable. There are ongoing investigations to ensure that FRCA recovers money owed to them and we know that we will be doing it,” he said.
Mr Tikolevu has also warned people that the Authority would not be treating cases of tax evasion lightly, adding that they aimed to see that all arrears were cleared in time.
He said that people had been given ample opportunity to take advantage of many of the concessions that FRCA offered and if despite that, if people failed to pay their taxes, the Authority will take action.




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