Vanuatu has raised value added tax to 15 percent, effective from this week.
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All retailers have been instructed by the VAT Office to put up a notice to their customers advising them of the 2.5 percent increase.
VAT was first introduced 20 years ago as part of the country's Comprehensive Reform Programme.
However, our correspondent said revenue collection under VAT had fallen short of the government's expectations.
The Vanuatu council of ministers has extended a grace period for access to superannuation funds for victims of cyclone Pam until next week.
An upgraded system capable of handling income tax collection has been launched in Vanuatu. The acting director of Customs and Inland Revenue says vehicle registration and VAT are among the...
New Zealand's high commissioner to Vanuatu, Brian Smythe, has joined the local debate over taxes. Mr Smythe says he went public after a newspaper editorial claimed the Value Added Tax...
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