Watch out for tax scams The end of the financial year will likely bring the usual wave of scams. Here’s what to watch for. The Federal Budget is behind us, and amid the celebrations over tax cuts (around $500 annually for low to middle income earners), now is the time to be mindful of scammers pretending to be from government bodies – especially the Tax Office. In some cases, scam victims have lost close to …
Watch out for tax scams The end of the financial year will likely bring the usual wave of scams. Here’s what to look for. The Federal Budget is behind us, and amid the celebrations over tax cuts (around $500 annually for low to middle income earners if proposals are legislated), now is the time to be mindful of scammers pretending to be from government bodies – especially the Australian Taxation Office (ATO). In some cases, scam victims …
Watch out for tax scams Tax time is approaching and that means a juicy refund may be just around the corner. It’s a busy time for scammers too, and last year alone 48,000 Australians fell prey to tax scams between July and October. Already this year, the Tax Office has registered over 17,067 scam reports with victims collectively losing $1.5 million to fraudsters. That makes it worth knowing what to watch out for to keep …
