Quote Of The Year

Timeless Quotes - Sadly The Late Paul Shetler - "Its not Your Health Record it's a Government Record Of Your Health Information"

or

H. L. Mencken - "For every complex problem there is an answer that is clear, simple, and wrong."

Thursday, July 21, 2022

Someone Has Done A Great Job Explaining The Numerous Ways You Can Be Scammed!

This appeared a week or so ago.

Scamwatch: Getting someone to do your tax return? Make sure it's legitimate

July 8 2022 at 1:00pm

Scams, and the con artists behind them, are forever evolving and becoming more sophisticated and harder to spot.

ACM has compiled a list of current scams identified on sites such as scamwatch.gov.au, cyber.gov.au and the Australian Competition and Consumer Commission's website dedicated to informing people about fraudulent and dishonest activities.

If you have been the victim of a scam report it to scamwatch.gov.au/report-a-scam.

Tax practitioner scams

Scamwatch: Getting someone to do your tax return? Make sure it's legitimate

·         It 's tax time and unfortunately that means there are several news tax related scams doing the rounds.

·         The Tax Practitioners Board (TPB) is warning people to be extra vigilant of scams aiming to lure unsuspecting honest consumers into using the tax services of unregistered preparers.

·         According to the TPB, unregistered preparers operate outside of the law, often making money by skimming a portion of their clients' refunds and charging inflated fees for return preparation services.

·         They attract new clients by promising large refunds.

·         Some will encourage filing fraudulent claims for refunds on items that their clients aren't entitled to, while others will obtain myGov sign in details from clients, putting their personal information at risk.

·         The TPB recommends visiting its website for its online guide which offers tips for avoiding unregistered preparers.

·         Check your tax practitioner is registered on the public register at tpb.gov.au/onlineregister.

·         Only registered tax practitioners can charge a fee for tax agent services.

·         Be sceptical if an agent offers to secure you unexpected or unexplained payments.

·         Never share your myGov password with anyone, even your registered tax agent - doing so puts your personal information at risk.

·         You should not allow anyone else to lodge or prepare your tax return through your myGov account.

·         Visit www.tpb.gov.au/tpb-taxtime-2022 for more information on unregistered preparers and related scams.

·         You can report scams to www.scamwatch.gov.au

Here is the link to a zillion different scams!

https://www.katherinetimes.com.au/story/7588342/scamwatch-getting-someone-to-do-your-tax-return-make-sure-its-legitimate/

Read and be amazed just how inventive the crooks can be – well worth a browse!

It is of interest that during last week ACMA (the telco regulator) as asked the telcos to redouble their efforts to help people save themselves from the scams - that move can only help!

David.

 

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