The ATO has warned taxpayers to be wary of tax-related schemes as tax time approaches.
ATO data indicates scammers to be particularly active during tax time, with a 90% increase in the number of phone and email scams reported to the ATO in 2015 as compared to 2014. Assistant Commissioner Graham Whyte said people should be vigilant and protect their personal information by keeping it private. He reminded taxpayers that the ATO will never cold call a taxpayer about a debt, threaten jail or arrest, request direct credit to a personal bank account or request personal details via email.
Information on how to verify or report a scam is available at www.ato.gov.au/general/online-services/in-detail/online-security/how-to-verify-or-report-a-scam.
Source: ATO media release, 14 July 2016.