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ATO warns of rise in SMSF identity fraud and investment scams
The ATO has warned SMSF members to be aware of identity fraud and investment scams.
Banks launch scam awareness campaign
The new campaign highlights the importance of customer alertness against criminal activity by scammers.
Unintended consequences of work test changes to be rectified
New draft legislation to the work test mean impacted individuals will retain their ability to claim deductions for personal contributions post 30 June 2022, says a leading adviser.
Preparing for EOFY tax scams with business and cyber resilience
Every end of financial year (EOFY) season involves a rush by Australians wanting to get their tax returns completed. Increasingly, though, this period is seen as an opportunity for bad people to take advantage of us.
Legal Considerations Around Recording Customers Who Enter My Business
As a business, you may consider installing video surveillance on your premises to discourage theft or ensure the safety of your customers and personnel. However, your business may suffer significant legal implications if you do not adhere to legal requirements around filming or recording customers that enter your store.
Bank closures, market volatility call for perspective
Amid sudden bank closures, we explain our risk management approach and remind investors to focus on what they can control.
Weighing up cash deposits
Cash in a deposit account doesn't necessarily equate to safety. That's why many investors are shifting to fixed interest securities.
How Long Could You Survive Drinking Only ………
Here's how long you'd live consuming only this liquid, and nothing else.
More SMSF members accessing funds without meeting conditions: ATO
The ATO said it is seeing a rise in behaviours which indicate SMSF members may be accessing their funds before meeting the conditions of release.