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FTUC opposes Fiji Institute of Accountants budget submission to increase VAT, take away family care leave and reduce civil servants pay

FTUC opposes Fiji Institute of Accountants budget submission to increase VAT, take away family care leave and reduce civil servants pay FIA suggests govt consider making reductions in its operating expenditure where possible FTUC opposes Fiji Institute of Accountants budget submission to increase VAT, take away family care leave and reduce civil servants pay FIA suggests govt consider making reductions in its operating expenditure where possible FTUC National Secretary Felix Anthony. [image: FTUC/Facebook] The Fiji Trades Union Congress says they oppose any suggestion by the Fiji Institute of Accountants to increase VAT to 12.5 percent, particularly at a time like this, and object to their suggestion that civil servants should have a salary cut.

Fiji Institute of Accountants suggests that civil servants payroll be reduced by 15% to 20%

Fiji Institute of Accountants suggests that civil servants payroll be reduced by 15% to 20%
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The Fiji Times » FIA calls for removal of family care leave

ANISH CHAND Image: FIA/FT FILE The Fiji Institute of Accountants (FIA) has called for the removal of the family care leave in its 2021-2022 National Budget submission. It said “this leave has caused substantial work disruption”. “We believe that a review and redesign of family care leave is needed,” said the FIA. “This leave has caused substantial work disruption since no advance notice is required and businesses are not able to monitor the same. In this regard, we suggest that Government consider removing family care leave entitlement, as the employers may use their discretion to provide time off to their employees for this purpose.”

The Fiji Times » FIA calls for rise in VAT

ANISH CHAND Fiji Institute of Accountants Picture: https://fhta.com.fj/ The Fiji Institute of Accountants has proposed value added tax (VAT) be increased to 12.5 per cent from the present 9 per cent in the 2021-2022 National Budget. In its submission to the Ministry of Economy, the FIA stated if VAT was increased, then the Environment and Climate Adaptation Levy (ECAL) had to be removed. The FIA stated an increase in VAT “will provide a broader tax base coverage and increase government revenue, while simplifying the tax regime by further reducing the number of different taxes”. “This will make compliance costs more manageable and allow businesses to focus on carrying out their business activities.”

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