Forsyths Newsletter February 2017
Fuel tax credit rate increase from February 1st 2017
Fuel tax credit rates increased on 1 February 2017.
Use the latest rates to make sure you claim the full amount you are entitled to.
AUSkey fraud alert
The ATO have recently detected cases of identity thieves fraudulently obtaining AUSkeys linked to legitimate businesses. Once an Auskey has been allocated, access is gained to the Business Portal so that fraudulent BAS can be lodged and bank details updated to accounts that are not controlled by the entity.
The ATO were able to detect the activity and take preventative action quickly. These AUSkeys have been cancelled and the ATO are working with the affected businesses to protect their online security and monitor activity on their accounts.
Take the following steps to protect your business and to ensure your identity has not been compromised: