SEISS grants have kept millions of self-employed workers afloat over the last year or so and demand for the fourth set of payouts is expected to be high. Unfortunately, fraudsters have been known to take advantage of this and recently HMRC issued a warning.
“These fraudulent emails promise tax refunds, or threaten action over unpaid tax, often claiming to be from the Inland Revenue, but their real goal is to steal sensitive personal data so they can take out loans in your name, or sell that data to people who will similarly take advantage of your identity.
“It’s interesting that scammers have focussed so heavily on tax as a lure, especially when they have many more opportunities to try and scam the British public – exploiting the healthcare crisis and the UK’s vaccination roll-out.
“It would suggest that these fraudulent tax lures work really effectively when many people are facing financial hardship.”
Following on from this, Andrew went on to break down how consumers are targeted and what they can do to identify fraudulent activity.
Andrew concluded: “Our emotional brains…