Having Admitted His Business Was Not Trading on the 1st of March 2020, and Therefore Not Eligible for the £50,000 His Company Got Via an HSBC BBL, a Company Director is Today Starting 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