Despite Only Being Eligible for One Bounce Back Loan Valued at £2,944, a Birmingham Based Director Managed to Blag Two BBLs Worth £100k in Total from Lloyds and Starling Bank and 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