Chester Reed the Director of Chester’s Car Centre Ltd Is Given a Lenient 6 Year Ban for Transferring all of His Company’s £50,000 Bounce Back Loan to Himself – Barclays Forced His Hand By Getting His Company Wound Up in the High Court
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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