Barclays Wave Goodbye to a £50k Bounce Back Loan They Gave to a Company Whose Director Has Received a 10 Year Disqualification for Overstating Turnover to Get It and Didn’t Use It for the Benefit of His Business
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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