HMRC have announced that the use of the current form VAT484 which is used to change a business’s bank details, will cease from 4 August 2024.

This is because of fraudulent use of the form to divert repayments of VAT to criminals’ accounts.

Instead, from 5 August 2024, any request to change any registration details should be made via the HMRC online portal and not by any other postal or electronic means.

HMRC also emphasises that agents cannot amend clients’ bank details or email addresses as that can only be done by the registered entity.

HMRC guidance: Change your VAT registration details will be updated next month.