Tax scams

Tax time is fast approaching. But if that isn't a big enough headache, imagine losing a chunk of your hard-earned money to scammers - the Tax Office says they're out in force at this time of the year.

ATO warns scam risk super-high at tax time Source: AAP

Nearly 50,000 scams were reported to the ATO between July and October last year, with a five-fold increase from January to May this year.

 

The ATO has registered more than 17,000 scams this year alone.

 

113 Australians have handed over $1.5 million dollars to fraudsters, while 2,500 people have given out some form of personal information, including tax file numbers.