Director of an Indian Restaurant Claims a Third Party Applied for His Company’s £50k Lloyds Bank Bounce Back Loan on His Behalf, Over-Egging Its Turnover When They Did So, That Director Has Just Been Given a 9 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