Ministry rewards high level tax payers for  compliance with revenue laws

The Ministry of Revenue and Customs is planning to reward customers who have complied with the kingdom’s tax laws.

The Ministry’s CEO, Kulufeinga ‘Anisi Bloomfield, said the reward scheme, to be known as the Heilala tax system, was aimed at ”deserving”  taxpayers who had paid high levels of tax.

The Heilala scheme was intended to encourage a culture of voluntary compliance with Tax and Customs laws that would enable the Government to continue to collect revenue.

Services and benefits offered to the members would include a private reception area with refreshments, TV and internet access at the Tax and Customs offices; prioritized processing of tax and customs requests; blanket tax clearance and access by members’ CEOs and senior managers to the VIP lounge upon arrival at the Fua’amotu International Airport.

Membership would depend on the ability of the taxpayer to maintain high levels of compliance and any additions to its membership would depend on the Ministry’s annual review processes.

The Ministry has selected 10 taxpayers to pioneer this system. They are:

A Cowley & Sons Ltd

Bank of South Pacific Tonga Limited (BSP)

Fexco (Tonga) Ltd

MBF Bank Ltd

Pacific Energy (South West Pacific) Ltd

PTH Ltd

The Church of Jesus Christ and Latter Day Saints

Tonga Airports Ltd

Tonga Development Bank Ltd

Tonga Water Board.

The main points

  • The Ministry of Revenue and Customs is planning to reward customers who have complied with the kingdom’s tax laws.
  • The Ministry’s CEO, Kulufeinga ‘Anisi Bloomfield, said the reward scheme, to be known as the Heilala tax system, was aimed at ”deserving” taxpayers who had paid high levels of tax.
  • The Heilala scheme was intended to encourage a culture of voluntary compliance with Tax and Customs laws that would enable the Government to continue to collect revenue.
  • Membership would depend on the ability of the taxpayer to maintain high levels of compliance.

Sometimes when a business is growing, it needs a little help.

Right now Kaniva News provides a free, politically independent, bilingual news service for readers around the world that is absolutely unique. We are the largest New Zealand-based Tongan news service, and our stories reach Tongans  wherever they are round the world. But as we grow, there are increased demands on Kaniva News for translation into Tongan on our social media accounts and for the costs associated with expansion. We believe it is important for Tongans to have their own voice and for Tongans to preserve their language, customs and heritage. That is something to which we are strongly committed. That’s why we are asking you to consider sponsoring our work and helping to preserve a uniquely Tongan point of view for our readers and listeners.

Latest news

Related news