Are cooperative societies required to lodge tax returns and when are they due?
Returns of cooperative societies are required to be lodged annually and this should be done within three (3) months from the end of the fiscal year.
I am only receiving rental income and my annual net income is below FJ$16,000. Am I required to lodge income tax returns?
Since you are earning below the tax threshold of FJ$16,000 you are not liable to pay any tax but you are still required to lodge a business tax return under the Income Tax Act
What is the due date for lodgement of VAT and income tax returns?
Monthly, quarterly and annual VAT returns should be lodged by the end of the month following the end of the taxable period.
Monthly VAT Returns
|Month Ending||Due Date for Lodgement|
|31 August 2014||30 September 2014|
|31 July 2014||31 August 2014|
|30 June 2014||31 July 2014|
3 Monthly VAT Returns
|Period Ending||Due Date for Lodgement|
|July – September 2014||31 October 2014|
|April – June 2014||31 July 2014|
|January – March 2014||30 April 2014|
Yearly VAT Returns
|Year Ending||Due Date for Lodgement|
|31 December 2012||31 January 2013|
|31 December 2011||31 January 2012|
|31 December 2010||31 January 2012|
Income tax returns should be lodged by the 31 of March each year for business taxpayers other than companies. Company income tax returns on the other hand should be lodged within three (3) months from the end of the fiscal year.
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