Having Over-Egged His Turnover to Get a £20k Santander BBL and Having Sent Most of It To Himself, and With No Chance of Anything Getting Repaid, a London Based Director Is Today Starting a 9 Year Ban as Punishment
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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