British Business Bank Boss Explains the Dilemma the Government Faces, Whether to Pursue Those Who Over-Egged Their Turnover to Get a Bounce Back Loan When Most of the SMEs Who Did Are Paying Back Their Loans and They Are Performing
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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