Director Who Is Today Starting a 9 Year Ban For Over-Egging His Turnover to Get a £47,000 Barclays Bounce Back Loan Agrees to Repay £16,500 As a Settlement Figure Which the Liquidator Then Bags for His Fees
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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