Boxing Day Ban for Birmingham Based Director Who Over-Egged His Turnover to Secure a £50k Bounce Back Loan from NatWest and Made Just £6,212 in Repayments Before the Company Entered a Creditors Voluntary Liquidation
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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