29 Dec 2014

Vanuatu's Shefa province collects record tax revenue

3:22 pm on 29 December 2014

Vanuatu's Shefa province has collected a record amount of tax revenue, exceeding its target for the year.

Shefa's secretary general, Michel Kalworai, says the provincial tax office has collected over 100 million vatu - almost one million US dollars.

Mr Kalworai says he has committed staff working to collect passenger tax from people travelling by plane or ship.

He also says the central government has amended the Property Tax Act to allow businesses with a turnover of less than about 40,000 dollars a year to be taxed.

He says he is confident Shefa province will be able to raise its own operational budget by 2020 leaving the central government grant in a trust account.