For Using an Estimated Turnover Figure When Applying for His Company’s Metro Bank BBL When Required to Use the Actual Turnover Figure, and Not Repaying the BBL a Company Director is Now Starting a 10 Year Ban
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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