- Form VAT 484 used in fraudulent attempts to access businesses’ VAT repayments
- Businesses can update VAT details online or using paper form VAT 484
- HMRC taking action to address issue, writing to businesses to confirm changes made since January 2024
- ICAEW’s Tax Faculty urging businesses to check bank details in tax account and ensure expected repayments have been received
- Repayment traders primarily targeted, but all VAT-registered businesses should remain vigilant
Source: icaew.com
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.
