Thursday, 3 November 2011 8:37 AM

Lilo Acknowledges Tax Payers

The Solomon Islands Finance Minister, Hon. Gordon Darcy Lilo has applauded the many members of the business community, salary and wage earners who have been complying with the countries tax and customs duty laws.

This follows the doubling of revenue collected by inland revenue and customs over the past four years.

Hon. Lilo said that this has been a huge achievement for the country.

He also acknowledged the Commissioner of Inland Revenue and Comptroller of Customs who had by all means been striving to ensure that the business community in Solomon Islands are paying taxes and customs duty that they owe.

He said that these taxes collected have improved education, medical services and infrastructure projects throughout the country.

Meanwhile, a strict warning has been issued by the Minister of Finance for all tax evaders to come forward, sort out their dues otherwise they will be face legal action.

He said that if a person wants to correct his or her tax affairs they can submit a voluntary disclosure to inland revenue while the tax arising from the disclosure will need to be paid and there will be no prosecution.