Bagging Both a Co-Op Bank Bounce Back Loan and a Funding Circle CBILS and Not Using Them for the Benefit of his Business, and Leaving Both Owing at Liquidation Sees Director Slapped with a 7 Year Ban
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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