Dagenham Based Director Given a 10 Year Ban for Over-Egging His Turnover to Obtain a Much Higher Valued Bounce Back Loan from HSBC for His Business Than Permitted to by the BBL Scheme Rules
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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