HMRC has issued a stark warning that people who share their tax details online risk having their bank accounts frozen. The department is urging the public to exercise the same caution online as they would in person, comparing the sharing of personal details on the internet to handing them to a stranger on the street.
Fraudsters Use Stolen Details for Identity Theft
According to HMRC, fraudsters can use stolen personal details to commit identity theft, hide their own identity, and claim fraudulent tax repayments. This can result in the victim owing money to HMRC. The department stated: "Be aware of online scammers offering financial rewards in exchange for tax details. If you share your information, you risk losing money and having your identity used for fraud."
Social Media Ads and Direct Messages Used to Lure Victims
Social media platforms are a common hunting ground for criminals, who use enticing ads and direct messages to trick people into sharing their details. These ads may claim the process is 'risk free.' HMRC added: "If you do share your details, you will be at risk of having to pay back the full tax debt created by the fraudsters in your name. Your bank account may be frozen, and fraudsters may post or sell your personal details online for anyone to use."
How to Report Suspicious Communications
Anyone who spots a suspicious email, social media account, phone call, or text message that mentions HMRC can report it to the department. HMRC provides examples of scam communications on its website to help people identify fraudulent correspondence. Officials emphasised: "You must not share your HMRC sign in details with anyone, including your tax agent if you have one. You should treat them with the same amount of care as your bank details. Giving sensitive, personal information to other people, even without realising, puts you at risk. Someone using your sign in details could steal from you and HMRC."
Steps for Victims of Identity Theft or Financial Loss
If you have been a victim of identity theft or suffered financial loss due to a scam, official government guidance recommends contacting Report Fraud through their website. If you have recently transferred funds to a third party and believe you have been scammed, contact your bank immediately.
