HM Revenue and Customs (HMRC) has seen an increase in attempts to use ‘Bills of Exchange’ to pay a tax … Continue reading Tax fraud warning: ‘Bills of Exchange’
Tax fraud warning: ‘Bills of Exchange’
Tag: Fraud
Global taskforce to hunt down overseas scammers
UK drives international action to go after scammers at the Global Fraud Summit, hosted by the United Nations in Vienna … Continue reading Global taskforce to hunt down overseas scammers
Investigation into $28 million crypto scheme
The Serious Fraud Office (SFO) launches first major cryptocurrency investigation into suspected fraud. The Serious Fraud Office (SFO) (20th November … Continue reading Investigation into $28 million crypto scheme
Mini Umbrella Company fraud tribunal win for HMRC
HMRC has secured a landmark victory at an Upper Tier Tribunal against Mini Umbrella Company (MUC) fraud. The judgement states … Continue reading Mini Umbrella Company fraud tribunal win for HMRC
PAYE fraud hits 100,000
It maybe feels like there shouldn’t be a lakh or hetsy about it! HM Revenue and Customs is writing to … Continue reading PAYE fraud hits 100,000
DWP blocks £1 billion in incorrect payments
Over £1 billion of Universal Credit payments stopped by the Department for Work and Pensions (DWP) – and set to … Continue reading DWP blocks £1 billion in incorrect payments
‘Fake DBS check’ recruitment scams
Disclosure & Barring Service is providing support to job seekers for a safer employment search. Non-existent DBS check scam Persuading … Continue reading ‘Fake DBS check’ recruitment scams
GDPR tax relief claims! You’re kidding
GDPR tax relief! HMRC is aware of tax agents that target businesses to claim Corporation Tax refunds through incorrect provisions, … Continue reading GDPR tax relief claims! You’re kidding
Tackling COVID loan abuse
Work to tackle Covid loan abuse revealed in Insolvency Service’s Annual Report and Accounts More than 830 directors banned following … Continue reading Tackling COVID loan abuse
Fraudsters behind benefits scam brought to justice
A group who stole over £50 million of taxpayers’ money has been brought to justice in the largest ever benefit … Continue reading Fraudsters behind benefits scam brought to justice
‘Fake DBS check’ recruitment scams
Coinciding with the Home Office Stop! Think Fraud campaign, the Disclosure & Barring Service is providing support to job seekers … Continue reading ‘Fake DBS check’ recruitment scams
Students – don’t be scammed
New to paying tax? Criminals posing as HMRC may contact you offering a tax refund or to tell you your … Continue reading Students – don’t be scammed
Counter fraud authority saves taxpayers £311 million in its first year
The Public Sector Fraud Authority has exceeded its £180m target, saving taxpayers £311 million in its first year The savings … Continue reading Counter fraud authority saves taxpayers £311 million in its first year
Consultation to ban scam calls launched
A special support service for victims of fraud has also been expanded to cover all 43 police forces in England … Continue reading Consultation to ban scam calls launched
Action taken against directors for COVID-19 financial abuse
459 directors disqualified in 2022-23 for abuse of the pandemic financial support schemes, with average disqualification length of seven years … Continue reading Action taken against directors for COVID-19 financial abuse
Take five to stop fraud
If someone contacts you saying they’re from @hmrcgovuk, wanting you to share personal or financial details or transfer money, be … Continue reading Take five to stop fraud
New crackdown on fraud
New offence will make it easier to prosecute a large organisation if an employee commits fraud for the organisation’s benefit. … Continue reading New crackdown on fraud
Self Assessment taxpayers could be fraudsters target
HMRC are always detecting new tax scams. Beware of fraudsters offering refunds or tax rebates in the run up to … Continue reading Self Assessment taxpayers could be fraudsters target
Organised Labour Fraud
As part of the August 2022 employer bulletin, HMRC has issued information on Organised Labour Fraud. Organised labour fraud is … Continue reading Organised Labour Fraud
August 2022 HMRC Employer Bulletin
HMRC have published their August 2022 edition of the employers bulletin. It covers a multitude of topics: PAYE PAYE Settlement … Continue reading August 2022 HMRC Employer Bulletin
New ‘fraud squad’ to crack down on criminals who steal taxpayer money
HM Treasury (by PSP) The Chancellor has announced that a new fraud squad, recruited from data analytics experts and leading … Continue reading New ‘fraud squad’ to crack down on criminals who steal taxpayer money
HMRC fraud squad takes back £1 billion from offenders
More than £1 billion has been recovered from the proceeds of crime and tax offenders since the formation of a … Continue reading HMRC fraud squad takes back £1 billion from offenders
Self Assessment – Don’t be scammed!
800,000 tax-related scams were reported in the last 12 months HM Revenue and Customs (HMRC) is preparing to issue emails … Continue reading Self Assessment – Don’t be scammed!
Bailiff email scam
The HM Courts and Tribunal service has warned that scammers posing as County Court bailiffs are sending emails trying to … Continue reading Bailiff email scam
Suspicious email – forward to action fraud
Action fraud are encouraging those who receive suspicious email to report them by forwarding. They state: “Received an email which … Continue reading Suspicious email – forward to action fraud
6,150 investigations of furlough fraud underway
In a parliamentary response to a question from the DUPs Mr Gregory Campbell asking for information on the Coronavirus Job … Continue reading 6,150 investigations of furlough fraud underway
Payroll boss in tax avoidance scheme 11-year ban
Leicester payroll services boss banned for orchestrating multi-million pound tax avoidance scheme, while failing to justify £37 million expenditure in … Continue reading Payroll boss in tax avoidance scheme 11-year ban
New figures reveal victims lost over £63m to investment fraud scams on social media
Figures released by the City of London Police show criminals continue to use popular social media apps to advertise investment … Continue reading New figures reveal victims lost over £63m to investment fraud scams on social media
Supply chain due diligence to assure labour supply chains
HMRC have issued guidance (13th May 2021) to both and help warn business to be aware of risks within Labour … Continue reading Supply chain due diligence to assure labour supply chains
Mini Umbrella Company (MUC) fraud
HMRC have issued information on fraud being committed by a number of Mini Umbrella Companies. HMRC claim that every business … Continue reading Mini Umbrella Company (MUC) fraud
Raising awareness of job scams
Our aim is to raise awareness of scams and employment fraud among job seekers. The Disclosure and Barring Service (DBS) … Continue reading Raising awareness of job scams
Furlough mistakes! 10,000 employers to receive letters
The HMRC’s Taxpayer Protection Taskforce, was set up to ensure that furlough money has been claimed correctly. The Taskforce is … Continue reading Furlough mistakes! 10,000 employers to receive letters
West Yorkshire pair arrested on suspicion of £3.4 million furlough fraud
A man and a woman from West Yorkshire have been arrested as part of an HM Revenue and Customs (HMRC) … Continue reading West Yorkshire pair arrested on suspicion of £3.4 million furlough fraud
Furlough claim data updated
The Monthly data on claims made by employers through the Coronavirus Job Retention Scheme for December 2020 and January 2021 … Continue reading Furlough claim data updated
HMRC Anti Money Laundering team change name to Economic Crime Supervision
Dear Payadvice, HMRC's Anti Money Laundering Supervision (AMLS) team is changing its name to Economic Crime Supervision (ECS) from 1 … Continue reading HMRC Anti Money Laundering team change name to Economic Crime Supervision
Budget 2021 – COVID fraud to be tackled
As part of the Budget 2021, the Chancellor has announced an expansion of a joint fraud through A new Taxpayer … Continue reading Budget 2021 – COVID fraud to be tackled
Tax scammers are mimicking official numbers!
Scammers are using Royal Courts of Justice telephone numbers to demand tax payments. An increasing number of concerned individuals are … Continue reading Tax scammers are mimicking official numbers!