Bagging a Bounce Back Loan Top-Up by Mis Representation Lands a Sole Trader with an 8 Year BRO and Another Gets a 7 Year BRO for Using His BBL For Personal Benefit
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Watch Your Backs
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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