Warning over new scam letter

Businesses have been warned to be on their guard against a new scam which is currently doing the rounds.

The Office of Fair Trading says some companies have been sent an official looking letter from a German company concerning VAT registration numbers.

The document gives the impression that businesses are obliged to provide the details however the OFT says this isn’t the case.

Completing the form could cost hundreds of pounds as the small print states there will be a charge of £797 a year for up to four years.

Anyone who receives the letter is advised not to complete or return it.