Gov’t should go into tax credit system

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By Loretta B Manele

Foreign affairs minister Peter Chanel Agovaka has thrown his support for the tax credit system.

“It’s a good system and I think it’s something that we the government should dwell into.”

Agovaka, the minister for the Ministry of Foreign Affairs and External Trade (MFAET) was referring to the tax credit system whilst speaking at the Sine Die Motion in parliament on Thurs, Dec 19, 2024.

He expressed that at Gold Ridge they used tax credit to build a bridge.

Agovaka voiced that it is a good system and he thinks that it is something that the government should dwell into.

He added that the tax credit system can help projects that take place in constituencies.

The member of parliament for Central Guadalcanal constituency said by using the tax credit system, government can help constituencies build schools, hospitals, bridges, water supply and so forth.

“So, for us, we have benefited from this tax credit scheme by building a bridge.”

Agovaka reiterated that government should also use this tax credit scheme.

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