Director Applies for a BBL 3 Times Each With Different Turnover Figures, the First Two are Rejected But Santander Approve the Third (The Highest), That Director is Today Starting an 11 Year Ban for Over-Egging His Turnover and Sending the BBL to Himself
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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