11 Year Ban Given to Company Director for Getting a Bounce Back Loan from HSBC and then Lloyds Bank for His Single Business When It Was Not Trading and Misusing the Money and of Course Leaving Both BBL’s Unpaid
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Watch Your Backs
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Corruption Commissioner
HMRC, Cabinet Office and the Department of Business and Trade Have Now Flagged Bounce Back Loan Recipients Whose Actual Turnover Didn’t Match Their BBL Application and/or LTD Companies Who Were Not Registered for VAT But Declared a BBL Turnover Figure That Required VAT Registration