Fiji's Taxes
p. 36 · Read in the full issue
Prom Our Own Correspondent
Suva, Dec. 10.
fpHE Colony of Fiji, hitherto one of X the most fortunate places in the world in the matter of income taxa tion, is now beginning to “take it in the neck”—as, of course, was inevitable under war conditions.
The income tax, for companies, is being increased from 1/6 to 3/- in the pound. The rate of the individual tax remains at 1/3. Exemptions are to be reduced from £425 to £4OO for married men. and from £175 to £l5O for single people. A new war tax has been intro duced, based on a sliding scale, of 1 per cent, of the whole income for a taxable income of £2OO-£4OO. increasing by 1 per cent, for each £2OO increase in taxable income.
Nonetheless, Fiji still escapes lightly, compared with the taxation now being imposed in Australia and New Zealand.
