HMRC has reported that form VAT 484 has been utilised in fraudulent attempts to gain access to business VAT repayments. The department is taking action to address this issue, including writing to businesses to confirm changes made to their details since January 2024. An HMRC spokesperson stated, ‘We are taking action on the small number of cases where paper bank variation forms have been fraudulently used in an attempt to gain access to VAT repayments. We’re implementing measures to prevent this from occurring while urging businesses to remain vigilant’.