Following from a previous newsletter article, warning of the potential threat of tax fraud activity, a recent Fairfax Media investigation has revealed identity fraudsters were obtaining hundreds of tax file numbers every day.
Furthermore, the ATO had been targeted more than 11,000 times in the 2014-15 financial year in an attempt to steal tax refunds. This has led to more than 26,000 tax returns being delayed, as they were suspected to be the work of identity fraudsters.
At Lister Mason, we always take the privacy and security of our client’s information very seriously. We have systems and procedures in place, along with continuously updated security technologies, to help ensure your personal information remains secure. Once again, if you are contacted by the “ATO”, whether it is by email, phone or SMS, please contact us first to check the validity of the correspondence.
This article appeared in our December 2015 newsletter.