In 2013, a number of patients had to be sent offshore because they were not properly treated by local doctors, Auditor General Tevita Bolavanua noted in his 2013 report which also highlighted lack of controls and high costs of overseas medical treatment.
After the announcement of the team to the International Cricket Councilís (ICC) East-Asia Pacific (EAP) regionís Twenty20 World Cup and World Cricket League Qualifiers in Lismore next month, Cricket Fiji has now turned its attention to the Senior Menís De
The Hotel Turnover Tax (HTT) is renamed as Service Turnover Tax (STT).
This was revealed by the Fiji Revenue and Custom Authority (FRCA).
FRCA manager policy advice Kelera Buatoka Volavola said the new STT will also apply to other tourism related services such as rental car operators, inbound tour operators and events management operators.
For event management operators, recreation, entertainment and cinema operators, bars and nightclubs, home stay operators, bistros, coffee shops and restaurants with and annual gross turnover of $1.5m and above.
For all water sports, underwater activities, skydiving, hot air balloon rides, river safaris, aircraft charter or hire, including helicopters with an annual gross turnover of $300,000.
Volavola said the Small and Micro Enterprises (SME’s) will be required to lodge only one VAT return in a year. This will be applicable only to entities with gross annual turnover of $300,000 and below.
For registration purposes, VAT threshold will increase from $50,000 to $100,000.
She said FRCA and Ministry of Finance to expedite payment of VAT refunds.
She added 40 per cent investment allowance (excluding cost of labour) for extension and renovation expenses, with a minimum qualifying capital expenditure of $50,000, is available to existing businesses in Vanua Levu.
Volavola said the incentive is extended to 2014.
“All carried forward of losses to be reduced to 4 years and comes to effect immediately. Exception for hotel projects under the Eleventh Schedule – the carried forward of losses is 8 years.”
Change to see Fund returns to purposeChanges soon to be implemented by the Fiji National Provident Fund where it will secure 70 per cent of members' funds and allow members' the 30 per cent for their use, is not new and one that had been in the pipeline since 2012, says fund chief executive Aisake Taito.
'Green'-tinted SUVs at Seoul Motor ShowGas-guzzling SUVs, eco-friendly electric cars and the odd brave attempt to marry the selling points of both are taking centre stage at the biennial Seoul Motor Show.
Vodafone Fiji, Tonga telco in allianceVodafone Fiji and Tonga Communications Corporation today signed a strategic partnership alliance that will allow the Tongan company to leverage off the experience of their Fijian counterparts.
Logicís debut album Under Pressure out Oct 24After years of hard work in the studio and on the road, Logic has completed his debut album with Under Pressure due to release October 24, with the title track, Under Pressure, is now available.
Clean-up day to curb dengue outbreakFiji's Ministry of Health has declared a clean-up day next Thursday for residents in the central division as it ups the tempo against a dengue fever outbreak currently experienced in the country.