Director Given an 11 Year Ban for Failing to Explain How He Arrived At His Estimated Business Turnover to Get a £50k Barclays BBL and Why He Sent Huge Chunks of His Company’s Bounce Back Loan to a Forex Trading Platform and Third Parties
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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