• Jacksen

Fraudsters preying on vulnerable teenagers

Updated: Jun 16

We have recently become aware of Fraudsters preying on vulnerable teenagers by offering to help apply for legitimate payments from the ATO/Government.


What they also do is lodge fraudulent BAS and claim back $10,000s ($49,500 and $39,000 in the cases we know of) and change the bank account details when they lodge the BAS.


The teenagers don’t even know it has been done.


A new Hotline for GST Fraud has been set up – 1300 130 017


The ATO has released a news post regarding the recent uptick in GST fraud.

Protecting honest businesses from GST fraud | Australian Taxation Office (ato.gov.au)


Please do not hesitate to contact us to discuss any of the above.