GM Consultants

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Whether you are starting out or already growing your business. A well kept financial records can help you reduce costs, ...
01/07/2026

Whether you are starting out or already growing your business. A well kept financial records can help you reduce costs, increase profit and maximize growth.
Partner with us - proudly supporting PNG businesses to grow stronger every day.


06/01/2026

Have Your Say: Draft Guidance on Company Vehicles and Tax

Employers, Tax agents, employer federations, and industry peak bodies are invited to review and comment on the IRC’s Draft Public Ruling on Motor Vehicle Non-Cash Benefits.

This draft explains when the use of a company vehicle becomes a taxable benefit, and how employers should treat it for tax purposes. The IRC is seeking practical feedback to ensure the guidance is clear, workable, and easy to apply.

🔗 Read the Draft Ruling here: https://irc.gov.pg/pages/taxes/draft-ruling

📝 We welcome your comments and suggestions, especially where the guidance may affect payroll, record-keeping, or day-to-day operations.

📅 Submissions close: 12 January 2026

Your feedback will help shape the final ruling and support consistent tax treatment for employers.

Approved for release,

SAM LOI
Acting Commissioner General
Internal Revenue Commission (PNG)

Address

Waigani
Port Moresby
POBOX904

Telephone

+67573448708

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