The Government and the National Revenue Governance Committee wish to inform the general population of Vanuatu that as part of the ongoing consultations on the Government’s plan to introduce income Tax
, major consultations will continue throughout the course of this financial year 2017.
Consultations on the proposed Income Tax have commenced since October 2016 and to date, most of the business sectors, Government Civil Servants, NGOs, the General Public, Villages and Communities in Port Vila and Luganville, have had the opportunity to sit and listen to various presentations delivered by the revenue review committee.
Additionally consultations have already reached SANMA province and the Island of Tanna in TAFEA Province.
Minister of Finance and Economic Management (MFEM) Gaetan Pikioune, who is the Chairman to the national Revenue Governance committee, has thanked everyone who had participated to provide comments and criticisms to all consultations undertaken.
He also acknowledged the business communities in Port Vila and Luganville for their contributions, in particular the Vanuatu Chamber of Commerce and Industry (VCCI).
He said such reaction from the VCCI is well accepted as it provides for a wider understanding of what Income Tax will bring.
He however, concluded that this reform is the national government policy and it will be the national government to make the final decision as to whether we proceed to implement an income Tax in Vanuatu or not.
The minister acknowledges the written responses receive and general comments from everyone who has made a submission to the RRC. He encourages every citizen not to look on the negative side of things but to see the future benefits of such policy and what it can do for our nation.
Throughout the first three months of this year 2017, the Provinces of TORBA, PENAMA and MALAMPA will have the opportunity to also listen and contribute as the Income Tax Consultation team gets to meet with them. It is most likely that key stakeholders will be invited to the provincial government headquarters so they can listen and bring back the messages to their own communities.
Remaining provinces are urged to listen up for further information as to when the Consultation team will visit their provinces. Final logistics on this will be communicated to provincial government leaders in the upcoming weeks.