SUNBIZ

Tax & You

There were a number of incentives on Stamp Duty for Small & Micro Enterprises (SME’s) announced in the 2016 National Budget. One of these was the waiver of stamp duty
09 Jan 2016 17:34
Tax & You
Tax

There were a number of incentives on Stamp Duty for Small & Micro Enterprises (SME’s) announced in the 2016 National Budget.

One of these was the waiver of stamp duty for Small & Micro Enterprises on all instruments or written documents effective January 1.

Small & Micro Enterprises under Stamp Duties Act includes any business with an annual gross turnover or sales not exceeding $500,000 per annum.

This week in Tax&You, we spoke to the Fiji Revenue and Customs Authority acting chief executive, Visvanath Das, to explain further on this.

We hope this will be beneficial to all SMEs.

Compiled By Rachna Lal

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