Suspect tax returns try to claim millions in refunds

The Tax Office has advised that since 1 July 2010, more than 7,000 suspect income tax returns have been stopped for review.  These returns are making claims for refunds of around $30 million. 

Last year, the ATO detected around 26,000 suspect income tax lodgments worth about $120 million in refund claims.  Over 90% of returns reviewed included invalid claims.