The ATO warns that criminals are targeting tax practitioners to steal details of their business and individual clients. These thieves have used this stolen information to create false payment summaries, lodge fraudulent returns and obtain fraudulent GST refunds. Consequently this can result in financial loss for agents and their clients.
The ATO has prepared a video which features ATO Deputy Commissioner, Michael Monaghan and Chair of the Tax Practitioners Board, Ian Taylor. To access the video and other information about fraud, go here