VAT Scams

All posts tagged VAT Scams

VAT registered businesses warned to be vigilant against elaborate VAT scam involving bank details

by Berthold Bauer on April 22, 2024

We have been made aware that scammers are targeting VAT registered businesses, by diverting repayments into alternative bank accounts.

The fraud involves either getting access to the Government Gateway account of the VAT registered organisation, or submitting form VAT 484 and changing the legitimate bank details to that of the fraudsters.  Then, once a repayment return is submitted and verified by HMRC, the repayment will be released into the account details held by HM Revenue & Customs – which are now those of the criminals.

READ MORE
Berthold BauerVAT registered businesses warned to be vigilant against elaborate VAT scam involving bank details