Director of Three Barbers Shops Over-Egged the Turnover of Each to Blag Three £50,000 BBLs from Lloyds Bank and Is Slapped with an 11 Year Ban – He Offers to Repay £9k in Total Over 3 Years the Liquidator Says It Would Be Uneconomical to Keep the Case Open for 3 Years
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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