
Guidance Issued to Insolvency Practitioners on What to Look Out for and How to Report Bounce Back Loan Wrongdoing by Company Directors and When and How the Insolvency Service Become Judge and Jury to Decide a Punishment and How People “Play the System”
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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