Director Explains the Over-Egging of His Company Turnover to Get a £50k TSB BBL Was a Mistake But the Insolvency Service, Using His Company Bank Statements as Proof, Do Not Believe a Word of It and He Is Slapped with a 10 Year Ban
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Watch Your Backs
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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