Company Director Chanced His Arm by Applying for 2x £50k Bounce Back Loans for His Single Company, One From Lloyds and One from HSBC and Gets Them, But for That and Other BBL Wrongdoing He is Now Starting 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