(Source: Getty, ATO)

For many Aussies, tax time means a tax refund, or a modest cash injection in the bank account – and it’s a fact that scammers know and take advantage of every tax season.

With scam activity escalating throughout 2020 and 2021, cyber security agencies and security experts have been issuing warnings in a bid to plead Australians to stay vigilant this tax time.

“Scammers will use any event or entity as an opportunity to undertake fraudulent behaviour,” wrote Edith Cowan University academics in a recent piece for The Conversation.

“All of us — especially those scrambling at the last minute to get their receipts in order — should keep an eye out for the accompanying onslaught of tax scams.

“They’ll be everywhere this end of financial year.”

So, buckle in and familiarise yourself with the following common tax time scams – and then share it with your friends and family, so they can protect themselves,…

Read full article at au.finance.yahoo.com

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