After Declaring a Turnover of £100k to Get a £25k BBL from NatWest Using His Company’s Previous Name a London Based Director Then Gets a £50k BBL from HSBC Using its New Registered Name By Saying His Turnover Was £1.2m, Today He Starts a 12 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