- Farmers warned to check HMRC bank details for VAT refunds
- Fraudsters imitating businesses to request changes to bank account information
- Accountant Price Bailey alerts Farmers Weekly to the fraud
- Farmers advised to log in to government gateway online account to check details
- Those waiting longer than usual for VAT repayment should check account
- HMRC taking action on cases of fraudulent bank variation forms
- Measures being put in place to prevent fraud, businesses asked to remain vigilant
Source: fwi.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Kingdom"
- Guernsey Seeks Companies to Support New GST Administration, Tender Deadline Approaches
- Navigating UK VAT: Key Considerations and Pitfalls in Exporting Goods
- HMRC’s New VAT Error Correction Rules: Stricter Penalties and Reporting Changes Explained
- UK Supreme Court Confirms VAT on Intragroup Fees for Former VAT Group Members
- Supreme Court Clarifies VAT Grouping and Time of Supply Rules in Prudential Assurance Case