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Be alert for phoenix activity, businesses told
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State and Federal Disaster support --- May 2022
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Largest cities in the world 1500 to 2100
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About the cash flow forecasting template
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FBT Reminder – Odometer Reading
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Federal Budget 2022 - Overview
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Federal Budget 2022 and YOU - Part 1
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Federal Budget 2022 and YOU - Part 2
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Budget at a Glance - Video
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Superannuation Guarantee (SG) increases
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Undisclosed income risks hefty asset betterment assessments
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How stress and burnout are different, and why the difference is important
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ATO launches campaign to target tax withholding on overseas royalties
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ATO releases new draft guidance products impacting private trusts
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GDP by country since 1800
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ATO releases new guidelines to combat identity theft.
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Extension in minimum drawdown rates
Article archive
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Quarter 4 of, 2016 archive
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Big-ticket tax set for government review
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FBT – Christmas Parties and Taxi Fares
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Unclaimed Monies - Christmas Project?
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Employee Christmas Parties and Gifts – Any FBT?
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‘Beware the tax man’ eyeing holiday period activity
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Merry Christmas for 2016, a Happy New Year and a prosperous 2017.
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Research reveals key to ‘high-performing’ firms
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Late payments hitting SMEs hard
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Estate planning issues flagged with $1.6m pension transfer cap
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Travel to a workplace: What’s in, what’s out
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New fleet “safe harbour” approach for car fringe benefits
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Struggling Business Turnarounds
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SMSF practitioners told to urgently address TRIS issues
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$20,000 write off is only available for small business, right? Well…
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Do you need an Employment Agreement?
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What does the new withholding tax mean for your clients?
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Is there a problem with using your company’s assets for yourself?
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Domestic (non-marital) Relationships
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SMEs at risk of ‘falling foul’ of ATO
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Scams, fraudsters and viruses
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Got your car log book ready?
Scams, fraudsters and viruses

 

Almost every Australian will be aware of the problems trying to complete the online Census on the 9th August 2016.

       

 

One of the excuses was that there was criminal activity to hack the government’s website. 

The Australian Taxation Office, the banks, Australian Securities and Investments Commission and consumer organisations are constantly warning us to be on our guard us to the dangers of unsuspecting criminal activity.

A few more illustrations:-

Your Hotmail account doesn’t work and you look up a help desk on Google.  The first Advertisement to come up has a 1300 number, you call it and there is an $11 charge for their assistance.  By the end of the day the withdrawals can be $2,000, $5,000, what is the limit of your account?  Money gone and now you have to fight with the bank over your naivety.

Are you insulted by this? I hope it means you will remember the illustration.

Consumers are constantly providing credit card details over the phone and every time you do so, you do so at your peril.

The risk is much greater if you have received the phone call, rather than calling a reliable source.

Whilst the victim above might blame Google for false advertising and participating in criminal activity, it reverts to you – be vigilant!!

The old technique was to have people draw cash from their bank, take it to the Australian Post to have it sent to Wells Fargo.  The new scam is even easier!  “We need $500 on an ITunes card.  You buy the ITunes card from the supermarket with your credit card”.  Who cares how you pay for it.  The ITunes card is as good as cash.

As reported in the earlier scam warnings, it almost is at the point where you shouldn’t answer the telephone, nor look up a phone number on any resource connected with the internet.

Another tip.  If you receive an e-mail that looks to be correct check the address it has been sent from before clicking.  It might say it comes from Australia Post, the ATO or the Australian Federal Police but the sending address is nothing like what these organisations might use.  Having said that, be aware of sender addresses that are close.  An example can be a similar name but only .com rather than .com.au.  

If in doubt ring the organisation in question but NEVER NEVER click before you're satisfied.

 

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