Chartered Accountants

Latest News

High alert issued over myGov tax time scam

  The Australian Cyber Security Centre has now issued a high alert over myGov-related scams as tax time scams increase.  

     

The high alert comes after the ATO reported increasing instances of myGov-related SMS and email scams.

The scams look like they have come from a myGov or ATO email address, and request that individuals click on a link to verify their details.

If clicked on, the hyperlink connects to a fake website that requests for details and other personal information for “verification purposes”. 

The Australian Cyber Security Centre (ACSC) has warned that these emails or text messages mimic official tax time notifications from myGov or the ATO.

“To make them seem more legitimate, cyber criminals use technology that causes these messages to appear in the same conversation thread as genuine messages from the ATO or myGov,” the ACSC said.

“As always, our advice is don’t click any links and don’t provide the information requested.”

 

 

Technology  Reporter 
20 July 2020 
accountantsdaily.com.au

 

Latest Accounting News

  • FBT Reminder – Odometer Reading

    Anybody who has a Fringe Benefits Tax obligation should take an odometer reading of motor vehicles.

  • ATO’s debts on hold campaign prompts new IGTO guidance

    New guidance has been released on best practice principles for debt notifications in response to the re-activation of old debts by the ATO.

  • Small business benchmarks

    The ATO has developed quite a number of benchmarks to help small businesses develop an idea of their performance compared to similar businesses in the same industry.

  • The 2025 Financial Year tax & super changes you need to know!

    The new financial year is fast approaching and so are a number of changes to superannuation contribution amounts and the individual tax rates. These changes are outlined below, as is some information on how you may be able to work with these changes when managing your tax affairs during 2024-25.