Port Vila business owners must pay their taxes to Port Vila Municipal Council or otherwise they could be fined up to Vt100,000.
This was revealed by the Town Hall compliance officer, Willie Karie, after the Port Vila Municipal Council discovered that many businesses operating in town today have not paid their taxes to the town authority.
Mr Karie explained that in the past, when a person does not comply with a Municipal by-law, they would be fined not more than Vt20,000.
“But Parliament in 2013 amended the laws of Municipalities in Vanuatu and now see Vt20,000 is replaced with Vt100,000,” the business tax compliance officer Karie said.
According to the Levying of Business by-law No. 20 of 2000 “all owners of businesses operating within jurisdiction of Port Vila must pay an annual fee to the council.
“The fee must be paid at the same time as the business licence is paid to the Rates and Taxes Department.”
Mr Karie said Municipal Wardens or any council officers authorised by the council in writing could enter any business premises to carry out checks on any official document as to ascertain whether the tax is paid.
Business owners have until March 31 to pay their taxes or a surcharge of 20 percent will be charged.