As the BBL Voluntary Repayment Scheme (BBL Summer of Love) Implodes, the Covid Corruption Commissioner States “The Insolvency Service Approach is at Odds With What I Was Expecting From Them” As They Decide to Take Some of Those Wishing to Take Advantage of the Scheme to Court
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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