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Farmers Urged to Verify HMRC Bank Details to Prevent VAT Refund Fraud

  • 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.

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