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FRCA Rewards Whistleblower $14,500 Cash

A whistleblower has been rewarded with $14,500 by the Fiji Revenue and Customs Authority this week as part of the authority’s Whistleblower policy. This is after information provided by the
12 Feb 2016 10:41
FRCA Rewards  Whistleblower $14,500 Cash
FRCA

A whistleblower has been rewarded with $14,500 by the Fiji Revenue and Customs Authority this week as part of the authority’s Whistleblower policy.

This is after information provided by the whistleblower led to the successful recovery of more than $145,000 in omitted Value Added Tax and penalties.

The whistle blower provided valuable information to the Authority and it was ascertained that a well-established Suva business falsified their Value Added Tax returns.

Information provided by the whistleblower led the Authority to detect the falsification of Value Added Tax from the business’ accounting system software.

A whistleblower is someone who provides information or documents to the authority contributing significantly to the success of the investigation and prosecution by the Authority shall be entitled to monetary reward of up to 10 per cent of the tax revenue recovered.

FRCA, in this instance, said the whistle-blower wished that his personal identity remain protected under the FRCA Whistle Blowing Policy.

The whistleblower is still to provide valuable information on more Tax/Customs fraud to the Authority for detail Tax and Customs investigations.

FRCA acting chief executive, Visvanath Das, said: “FRCA introduced the Whistle-blowing Policy so as to encourage individuals in the effort to detect tax or customs fraud against the government.

“Some fraudulent cases are complex in nature and takes time and effort to detect.

“Given our limited resources, this partnership approach between members of the public and FRCA complements our Tax and Customs compliance efforts in monitoring and identification of these fraudulent activities.

“Therefore, through the whistleblowing policy, we offer rewards to individuals who come forward with evidence of tax and customs fraud against the government.”

 

Voluntary compliance

FRCA has stressed that whilst they have imposed severe penalties and fines for tax offenders, people need to understand the importance of voluntary Tax compliance and our civic duty of paying taxes.

FRCA is committed to implement processes for ease of doing business in Fiji; however, this comes with much trust and honesty on the part of businesses to be voluntarily compliant.

FRCA is here to administer the tax and customs laws and it is our duty to ensure fairness and consistency in application of law to all taxpayers. Non-compliant taxpayers will have to face full brunt of the law!

Mr Das said: “We treat all information as absolutely confidential.

“Just as FRCA officers are required to act with integrity at all times in providing tax and customs services to our customers, we expect our taxpayers to fulfil their tax and customs obligations likewise.”

 

 

Feedback: rachnal@fijisun.com.fj

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