20 May 2020 – Policies to assist business and individuals in COVID-19 Response Budget

Type of Intervention: Executive Order, Financial and Economic
Sectors Involved: Executive Office, Finance/Economy
Level of Jurisdiction: National
Lead People/Agency: Prime Minister Hon’s. Voreqe Bainimarama
Fiji Revenue & Custom Services

Overview: Prime Minister Hon’s. Voreqe Bainimarama. Target Audience are the public. The Fijian Government announce a number of policies to assist business and individuals in its COVID-19 Response Budget. The relief measures announced are effective from 1 April 2020. The Tax Talk discussed the change in policies and how it will benefit Fijians.1. Removal of Stamp Duty on Mortgage, Suspension of Tertiary Loan Repayments, Export Income Deductions Increased and Deferment of VAT Monitoring System, 300% Tax Deductions

Full details here: https://www.fiji.gov.fj/getattachment/1634616c-1834-4479-bbfd-9cf6b52017d9/Fiji-Focus-Issue-7-Volume-11-May-20,-2020.aspx

Type of Justification: Advice of INTERNAL government advisory committee or group
Source of Evidence or Justification: National – government
Evidence/Justification: Bill-No-9-PH Covid-19 Response Ammedment