After Bagging a £45k Bounce Back Loan for a Business That Wasn’t Even Trading and Not Using it for the Benefit of His Business Then Dissolving that Business Leads to a 12 Year Disqualification
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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