FRCS Urges Tax Payers To Make Direct Contact
Tax collectors have resounded the call for exporters to contact them directly over concerns about Value Added Tax returns and refunds systems.
“It seems there is a clear misunderstanding by some businesses with regards to VAT returns and refunds,” chief executive officer, Mark Dixon, said.
“We wish to advise those businesses that it would be beneficial for them to contact us directly via our FRCS Customer Service Team or CEO, so we can help them in resolving their issues.
“We wish to reiterate that we are always available to assist anyone who wishes to consult with us on any queries, or individual concerns, and we request taxpayers to contact us directly so that we can assist them accordingly.”
Textile Clothing and Footwear Council The Textile Clothing and Footwear Council of Fiji said its members were unable to lodge returns and claim refunds as the system would not allow the returns to be lodged.
Earlier this week, FRCS said it had paid out in excess of $38 million in VAT returns over three months, but these are normal historical VAT refund processes.
FRCS also said another multi-million dollar payment was being prepared.
“The online VAT lodgement system currently will not allow you to submit the return,” the council said.
“We have been advised by FRCS staff that their system will not be able to accept returns until June 24.
“VAT returns can not be submitted, as a result of which we manufacturers and exporters can not get our VAT refunds.
“The online VAT lodgement system will not allow you, not since April 1.
“Exporters can not get their refunds”
SunBiz understands one manufacturer is owed close to $700,000 in refunds.
“By next month, they would have reached close to $1 million in total VAT refunds owed,” the council said.