Scammers already targeting pensioners over winter fuel payments
Phishing attacks are already being sent to pensioners purporting to be from the Department for Work and Pensions (DWP). What’s going on and how can you avoid becoming a victim?
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HMRC takes aim at side hustles
People with side hustles are the target of a HMRC press release reminding them of their potential tax obligations. Why has this been published now, and what are the key points to remember?
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Can sale with no goodwill charge still qualify as TOGC?
You are selling an unprofitable part of your business but the sale does not include any charge for goodwill due to trading losses. Can the sale still qualify as the transfer of a going concern and what conditions must you meet?
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VAT on electricity to be cut
The new Prime Minister has announced a cut to the rate of VAT on electricity from 1 October. What's the full story?
Last week we reported on the government’s announcement on winter fuel payments for 2025/26. According to a report by the ICAEW, it appears that scammers began targeting pensioners almost immediately. The winter fuel payment will be paid to state pension recipients and is worth £200 per household, or £300 if you’re over 80. In an attempt to defraud state pensioners, criminals are sending a text message that claims to be from the DWP. The recipient is asked to click on a link by a specified date to apply for an energy support grant. It comes with a warning that they will lose out if they do not apply in time. As the government has confirmed that the winter fuel payments will be made automatically, any attempt to get you to apply for it should be ignored. No application process exists, and no action needs to be taken.





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