Financial experts warn against TikTok tax advice

TikTok may be a popular platform to find tips for recipes, music, and fashion, but millions of users are also turning to it for financial advice. As we approach tax return season, financial authorities are warning Australians against using social media for 'free expert advice', fearing misinformation could see people filing incorrect claims, leading to heavy fines or prosecution from the tax office. Guest: Susan Franks, Tax Lead at Chartered Accountants Australia and NZ Producer: Brooke Young