Having Successfully Applied for and Been Granted a Company Strike Off Without Telling His Bank Who Had Given His Company a £40K Bounce Back Loan, a Director is Slapped with a 7 Year Ban and Court Action May Now Follow
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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