7 Year Ban for Director Who Did Not Use £37,100 of a £50,000 Barclays Bounce Back Loan for the Benefit of His Business, the Director Does Manage to Buy Back Plant and Machinery from the Liquidator He Didn’t Declare for £400
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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