Key facts
- HMRC warns TikTok users about a suspected £153 million tax scam.
- Two individuals have been arrested in connection with the scam.
- The alleged scheme involved posting ads on TikTok.
HM Revenue and Customs (HMRC) has issued a warning to users of the social media platform TikTok concerning a suspected tax scam valued at £153 million. As part of the investigation into this scheme, two individuals have been arrested. The alleged scam reportedly involved the posting of advertisements on TikTok. Further details on the nature of the advertisements and the specific tax evasion methods are expected as the investigation progresses.