A 7 Year Disqualification Has Just Been Handed Out to a Company Director Who Got a £50k Santander Bounce Back Loan for a Business That Wasn’t Trading Had No Turnover, and She Didn’t Use it for the Benefit of that Business
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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