Co-Directors Slapped with an 8 Year and 11 Year Ban for Over-Egging Their Turnover to Get a Lloyds Bank Bounce Back Loan and Buying a Caravan with the Money
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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