Dishonest action by employees was the most common type of internal fraud in 2018. Fraud can be characterised as rule-bending, but for businesses struggling to manage cashflow it can have catastrophic effects.
With the self-assessment tax return deadline of 31st January fast approaching, HMRC is warning people to be careful and wary of potential scams. There have been almost 900,000 reports of people impersonating HMRC and trying to obtain taxpayers’ personal details via telephone calls, texts and emails.
To ease the administrative burden on companies during the Covid-19 crisis, extensions have been given for filings and returns.
We would like to remind all our clients that HMRC does not send texts or make calls asking for bank or credit card details. If this happens then it is likely to be a scam. Please be wary.