HMRC Issue Warning to Business Owners Including Those Who Obtained a Bounce Back Loan, Regarding the Roll Out of a New Batch of Tax Compliance Checks Which Will See Them Going Out and About, Rattling on Doors
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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