FRCA currently investigating supermarkets using additional cash registers for tampering its sales data

The Fiji Revenue and Customs Authority is currently investigating some major supermarkets that are using additional cash registers for tampering its sales data.

FRCA CEO, Jitoko Tikolevu says sales from these additional cash registers are not in the company’s books of records.

The money in these cash registers goes directly into the pockets of the owners. 

Tikolevu says this money is unaccounted for and is a classic example of tax evasion and fraud.

Some accountants and tax agents are also under the spotlight for aiding and abetting their clients to evade paying taxes.

Some taxpayers are also disclosing incorrect information in their VAT returns. 

Tikolevu says this fraudulent behaviour is totally unacceptable.

He says whilst the Government is encouraging taxpayer facilitation and business partnerships, FRCA expects honesty, integrity and fairness from taxpayers. 

Tikolevu says this non‑compliant behaviour is not fair to the complaint taxpayers.

FRCA says it will not condone nor tolerate any case of dishonesty and false declaration by taxpayers.

Recent audits and inspections carried out by FRCA on some VAT registered persons has revealed some serious VAT returns omissions. This includes understating VAT sales, overstating zero‑rated supplies, overstating exports, undeclared VAT on employee fringe benefits that were subject to VAT, undeclared VAT on indemnity payments received from insurance companies, overstating VAT on expenses and purchases and no

VAT adjustments on private or exempt expenses. 

FRCA is currently carrying out inspections and routine audits on all VAT registered persons.