Students are warned of tax scams

Students Are Warned Of Tax Scams
Euan
October 4, 2021

    University students taking part-time jobs are at increased risk of falling victim to scams, HMRC is warning.

    Higher numbers of students going to university this year means more young people may choose to take on part-time work. Being new to interacting with HMRC and unfamiliar with genuine contact from the department could make them vulnerable to scams.

    In the past year almost one million people reported scams to HMRC.

    Nearly half of all tax scams offer fake tax refunds, which HMRC does not offer by SMS or email. The criminals involved are usually trying to steal money or personal information to sell on to others. HMRC is a familiar brand, which scammers abuse to add credibility to their scams.

    Links or files in emails or texts can also download dangerous software onto a computer or phone. This can then gather personal data or lock the recipient’s machine until they pay a ransom.

    Between April and May this year, 18- to 24-year-olds reported more than 5,000 phone scams to HMRC.

    Source: DocSafe

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