Manchester Man Gets a 2 Year Prison Sentence After Admitting to Having Had No Intention of Using His Company’s Bounce Back Loan for the Business – Using It To Buy a Car for Himself and Paying £14k to His Family Abroad Instead
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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