Cambridge Based Director Over-Egged the Turnover of His Two Businesses to Blag Two Bounce Back Loans from Barclays, the Liquidator States Its Not Commercially Viable to Chase Him So the Director Walks Away with an 11 Year Ban
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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