It’s that dreaded time of year again: Tax return time. A tax return can be a mind-numbing, tedious task, trying to fill out all those forms, or an expensive one if you pay an accountant to do it for you. However, thanks to the Internet there’s a quicker and cheaper way to submit your tax return. The Australian Tax Office (ATO) offers an e-tax service which allows you to submit online and save yourself at least some of your sanity.
Unfortunately filling out the forms isn’t the only painful part of tax time, and submitting your tax return online may have its own problems.
There are a few risks and issues that can arise from poor cyber security when you submit online. Because you can never be too careful with your personal and financial details, we’ve put together an online safety guide to help you submit your tax return online without any dramas. So save yourself extra headaches at tax time by following our tips.
The best place to start shielding your computer from danger is getting it kitted out with all the safety features:
Say “scram!” to scammers
Sometimes it feels like there’s someone waiting around every corner to con you, especially on the Internet. That’s why you have to be street smart; or in this case, cyber smart.
Tax time is like Christmas for some of the more morally corrupt members of society. These swindlers will send out fraudulent emails, claiming to be the ATO or another financial institution. But there are ways you can avoid being hustled:
Keep it secret
It would be great if we lived in a perfect world but unfortunately that just isn’t reality. Sadly, there are just too many people who, if given the opportunity, could take advantage of you online. That’s why you must always be mindful when you are entering your financial details online, and keep your details hidden from wandering eyes. There are several ways you can do this:
I hope you get through tax time with your mind and bank account intact. Maybe you’ll even get a lovely return to spend during the end of financial year sales!
Heard of a tax scam? Do you have any extra tips for keeping safe online? Let us know in the comments below.
Photo credit: http://bit.ly/1L9YVLZ