Company Director States He Thought The Turnover Figure Needed for a BBL Was a 5 Year Turnover Figure Which He Used to Get a £48k Santander BBL, Not the 2019 Calendar Year Turnover Figure, He Gets Slapped 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