Immigration Raids on Bounce Back Loan Recipients Premises Continue with Another Director Being Fined, However He Doesn’t Pay the Fine, Closes His Business and Doesn’t Pay Back His BBL and Is Hit with a 7 Year Ban! Madness
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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