Having Over-Egged His Turnover to Blag a £50K Bounce Back Loan From Santander When Only Entitled to a £9,264 BBL and Leaving it Unpaid at Liquidation a 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