Company Director Ends Up with a 10 Year Ban for Blagging Barclays Out of a Bounce Back Loan then Buying a Vehicle Via a Directors Loan Account – Liquidator Decides It’s Not Worth Going After Equity in His House to Repay the DLA
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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