Australia markets closed
  • ALL ORDS

    7,670.90
    +12.00 (+0.16%)
     
  • ASX 200

    7,394.40
    +8.00 (+0.11%)
     
  • AUD/USD

    0.7368
    -0.0018 (-0.24%)
     
  • OIL

    72.17
    +0.26 (+0.36%)
     
  • GOLD

    1,802.10
    -3.30 (-0.18%)
     
  • BTC-AUD

    46,027.05
    +1,679.96 (+3.79%)
     
  • CMC Crypto 200

    786.33
    -7.40 (-0.93%)
     
  • AUD/EUR

    0.6255
    -0.0015 (-0.24%)
     
  • AUD/NZD

    1.0557
    -0.0029 (-0.28%)
     
  • NZX 50

    12,736.32
    +15.48 (+0.12%)
     
  • NASDAQ

    15,111.79
    +171.63 (+1.15%)
     
  • FTSE

    7,027.58
    +59.28 (+0.85%)
     
  • Dow Jones

    35,061.55
    +238.20 (+0.68%)
     
  • DAX

    15,669.29
    +154.75 (+1.00%)
     
  • Hang Seng

    27,321.98
    -401.86 (-1.45%)
     
  • NIKKEI 225

    27,548.00
    +159.80 (+0.58%)
     

Man jailed for 10 years over dodgy $3.8m tax claim

·2-min read
Australian Tax Office signage on wall, close up of man's hand with Australian cash in them.
A man has been jailed for claiming $3.8 million in fraudulent tax claims. (Images: Getty).

A South Australian man has been sentenced to an additional 10 years’ jail after he was found guilty of claiming $3.8 million through fuel rebates.

The man, Reginald Roberts, claimed the money by creating fake transport businesses and then lodging false rebate claims between 2002 and 2006.

The Australian Tax Office (ATO) on Friday revealed Roberts had created three companies with the purpose of claiming the rebates, and used false identities to submit some 75 fraudulent claims for more than 20 million litres of fuel.

However, investigations discovered there were no trucks registered to the business names and subsequent searches of Roberts’ home and business found no business records.

Roberts used the Diesel and Alternative Fuel Grants Scheme and the Energy Grants Credit Scheme to reap the millions, before the schemes were replaced by fuel tax credits. 

The additional 10 years’ jail brings his jail time to 20 years and six months, in addition to Roberts’ sentence for an existing drug offence.

“This outcome demonstrates the ATO’s commitment to detecting and prosecuting tax crimes, no matter how long it has been,” ATO Assistant Commissioner Ian Read said.

“We have a duty to the community to protect the integrity of the tax and super systems, and we have no tolerance for blatant fraud like we have seen in this case.”

He said Roberts had obtained an “unfair advantage” over people doing the right thing and had stolen millions that could otherwise have been spent on essential services.

“Tax crime is not victimless.”

Judge Simon Stretton described the ATO’s investigation as a “Herculean” task, with Read adding that this case highlighted the ATO’s ability to detect crime.

“We undertake targeted compliance activity to address aggressive claiming and deliberate non-compliance and while most people do the right thing, those who deliberately try to cheat the tax system can expect to feel the full force of the law.”

Follow Yahoo Finance on Facebook, LinkedIn, Instagram and Twitter, and subscribe to the free Fully Briefed daily newsletter.

Image: Yahoo Finance
Image: Yahoo Finance
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting