As non-profit organisations will now be paying a tax on income derived from property rentals, Fiscal Review Committee Deputy Chair and KPMG Fiji Managing Partner Lisa Apted says non-profit organisations that are doing social services are going to be greatly impacted by this.
While speaking during Dialogue Fiji’s Post Budget Forum at the Tanoa Plaza, Apted says there are non-profit organisations that do a lot of work directly with communities and with low income parts of our country.
She says taking out 25 percent of the money that they make will mean that there is less money going into the programs that they are doing.
Apted says they would like to see a mechanism where government can give back to those who are doing social programs as a compensation against the tax they pay.
The Committee Deputy Chair says this will keep the taxing platform the same for all people paying tax but it will also have a mechanism to give back the money and it goes into the areas that would need the social support to be carried out.
