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Fiji drops VAT to 9%

  • Nov 5, 2015 | Richard Asquith

Fiji drops VAT to 9%

Fiji has announced a proposal to reduce its VAT rate from 15% to 9% in 2016.  The 15% rate was set in January 2011.

There would be an increase in the Service Turnover Tax (STT) from 5% to 10% at the same time. This tax is levied on: hotel accommodation; restaurants and cafes; cinemas; car hire; and tour operators.  In addition, a new environmental tax is to be introduced at 6% on businesses subject to STT.

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.