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These scams involve ringing taxpayers to tell them about a fraudulent tax liability and then threatening them with arrest if they refuse to make payment over the phone. The phone calls are disguised to look like they have come from an HMRC phone number, making the call look genuine.
If you receive an urgent demand to pay tax over the phone, please be aware that HMRC will never call you to say that you owe money. HMRC will only call to discuss a debt that you are already aware of by sending you a demand by post first.
Fraudsters who pretend to be from HMRC use many different tactics to obtain money from their victims. Another variation of the scam involves fraudsters calling to ‘inform’ you that you are under suspicion for tax fraud. They ask victims to confirm details such as name and address, before saying how much is ‘owed’. To get victims to comply, they use the threat of legal action or even jail.
How to protect yourself from scam phone calls
HMRC’s website also provides guidance on how to avoid and report scams which you can visit here.
Looking for more information?
If you have a query about any of the topics mentioned in this article, please fill in the form below and one of our experts will be in touch.
We see the Tax Return as a window into our client’s life and the best way for us to get to know each other very well. We aim to see that the right amount is paid at the right time on the basis of full, accurate and timely disclosure.
We assume a role somewhere between trusted adviser and knowledgeable friend – a role vital in ensuring clients are able to keep and enjoy more of what they earn and bequeath it to the next generation.
UK tax is constantly changing and you will have events that require tax planning (e.g. a possible investment into a business or sale of an asset) while also having ideas of how you would like to use your wealth to benefit you and your family (e.g. via gifts or the creation of trusts).
We aim to ensure that you make the most of the tax legislation, while being cautious and reasonable in our approach to tax planning.
If not, then don’t worry, we’ve got it here for you. This useful guide has all the year’s tax rates for 2019 and 2020 in one place, making it easy for you to refer to throughout the year. Included in the guide is everything from the main Income Tax and Corporation Tax rates, through to deadlines and allowances. Download the tax rates guide now and see what they mean for you this year.
2019 and 2020 UK tax rates and allowances
Foreign domiciled UK residents have access to some very beneficial tax rules but those benefits come with complexity, which is ever increasing. We help those who are yet to come to the UK, are already here or those who have left to ensure that they make the most of the available rules.
For anyone outside the UK who owns UK real estate (including non-UK companies), we help them with their ongoing tax compliance and any related tax planning.
If you’re a US citizen living in the UK or you’re planning to move here, there will be a number of important life stages that you will need to plan for. Our dual-qualified US and UK tax experts have an intricate understanding of both systems. Tell us your story and together we’ll assess your liabilities and tackle any issues before they become an issue.
Buzzacott wins at the Tolley’s Taxation Awards 2019
29 November 2018
UK tax rules for non-resident entertainers and sportspeople
12 March 2020
HMRC's liberal use of penalties checked
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