Lead forensics pixel

Students warned of tax scams

HMRC is warning new students starting university that they could be targeted by scammers trying to steal their money and personal details. 

As new students start the academic year they can be particularly vulnerable to tax scams. Coupled with an increase in remote working due to the pandemic can leave students particularly exposed to the work of fraudsters.

Many tax scams are directly targeting university students. Fraudulent emails and texts will regularly include links which take students to websites where their information can be stolen. 

HMRC has written to universities, via Universities UK, asking them to help ensure their students know how to spot a scam and to raise awareness of this issue. These scams can offer fake tax refunds or help with claiming Covid-related financial support. HMRC has also seen frauds offering spurious support with reclaiming council tax, purporting to be from TV Licensing, the DVLA or ‘GovUK’.

Students can also be approached to act as ‘money mules’, with offers of reward to transfer funds through their own, genuine financial accounts, inadvertently laundering criminal funds.

Commenting on the warning, the Chief Executive of Universities UK, said: 

'The security and welfare of students is always a priority for universities. The message to students, at what is a particularly stressful time, is to remain vigilant and question anything that seems unusual. Any student who fears their account may have been misused is encouraged to speak to either university support services, their bank, or to the police via Action Fraud.'

Source: HM Revenue & Customs | 13-10-2020

Contact Us Today

Specialist Knowledge for Every Sector

We understand the unique challenges and opportunities of your industry. From education to technology, healthcare to media, our sector experts are ready to support you with practical insights and strategic advice

Discover How Streets

Can Support You

At Streets, we go beyond traditional professional services, working as a trusted partner to businesses, charities, and individuals. We steer clear of the generic, one-size-fits-all approach – our focus is on helping you achieve your goals, whether that means ensuring sustainability, enhancing efficiency, or improving decision-making.