For Not Supplying Any Logical Explanation of How He Arrived at His Estimated Turnover Figure to Get a Lloyds Bank Bounce Back Loan and Also Using the Funds for Personal Benefit a Director is Slapped with an 11 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