CPA Australia urges caution on 2026 tax returns amid scam risks

Wait for pre-fill data for tax returns, accounting body says

CPA Australia is urging taxpayers to not rush into preparing their 2026 tax returns - with those who lodge before pre-fill data is available more than twice as likely to need amendments.

CPA urges patience when filing tax returns to avoid fraud

Businesses have been advised to take their time when preparing their tax returns this year and remain vigilant to scams.   CPA Australia has warned that, while many Australians SMEs are keen to lodge their returns as early as possible, rushing the process can lead to mistakes and increase exposure to fraud.  According to the accounting body, tax time is a peak period for scam activity, requiring taxpayers to be highly alert. “Scammers use email,…

CPA Australia urges caution on 2026 tax returns amid scam risks

CPA Australia has advised individuals not to rush their 2026 tax returns, warning that hasty submissions can increase the likelihood of errors and exposure to scams. CPA Australia Tax lead Jenny Wong acknowledged the strong desire among many Australians to file early but stressed that speed should not come at the expense of accuracy. Wong said: “Getting your tax return done early can be tempting, but it is important not to rush. “Waiting until a…