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.