Having Blagged HSBC Out of a £50k BBL for Her Company That Wasn’t Eligible Due to It Not Trading and with £0 Turnover, and Using It For Personal Benefit, a Company Director Is Given an 11 Year Ban, Liquidator States They Will Not Pursue Further Action for Those Funds Due to Her Having No Assets
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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