28 Sep 2004

Thousands defaulting on VAT tax in Fiji

4:01 pm on 28 September 2004

Fiji's parliament has been told that more than 5,000 defaulters have not paid their taxes since 2000 and together owe the state more than 80-million US dollars in Value Added Tax (VAT).

The 12 and a half per cent Value Added Tax on all goods and services is the government's biggest single source of revenue.

The finance minister, Ratu Jone Kubuabola, says more than 18-million US dollars was not paid in 2001, 26-million in 2002 and another 37-million in 2003.

The Fiji Revenue and Customs Authority is trying to identify tax evaders to force then to pay