Croydon Based Joint Directors Slapped with Matching 10 Year Bans for Over-Egging Their Turnover to Blag a £50,000 Bounce Back Loan From Lloyds Bank, the Liquidator Decides Not to Pursue the BBL Debt Due to the Directors Not Owning Any Property For Them to Go After
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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