On 18 September 2026, the Fiji Revenue and Customs Service (FRCS) convened its inaugural Tax Agents Forum for the 2026/2027 financial year, gathering tax professionals and FRCS leadership to discuss the future of tax administration in Fiji. The forum served as a platform to unveil the Tax Agents Board (TAB) Draft Strategic Plan and Framework for 2026–2029, presented by FRCS Chief Executive Officer Mr. Udit Singh. The plan aims to reposition the Board as a modern, transparent, risk-based regulator, enhancing the credibility of the tax agent profession. Director Tax Ms. Momina Beg emphasized the critical role of tax agents as a bridge between FRCS and taxpayers, translating complex legislation into practical compliance. The event also featured a briefing on the National Budget 2026/27 tax policy changes by Director Corporate Services Mr. Shavindra Nath and compliance initiatives by Senior Manager Tax Compliance Ms. Artika Sharma.
Key Takeaways
- Strategic Regulation of Tax Agents: The TAB Draft Strategic Plan focuses on strengthening regulation, professionalism, and credibility over the next three years, introducing clearer standards, enhanced engagement, and greater transparency to make registration a trusted mark of competence and integrity.
- Alignment with Budget 2026/27 Policy Shifts: Participants received detailed briefings on key tax policy changes announced in the National Budget, ensuring tax agents are equipped to advise clients on new compliance requirements and incentives.
- Commitment to Collaborative Compliance: The interactive forum underscored FRCS’s dedication to partnership with tax agents, fostering voluntary compliance through risk-based enforcement and the Compliance Improvement Strategy 2025–2028.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement