After Getting a £20k Bounce Back Loan for His Company By Claiming Its Turnover was £680k When It Was in Fact Zero and Wasn’t Even Trading, a Company Director is Given a 9 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