Liquidator Decides Not to Pursue a Director Who Claimed He Spent £26k of a £50k BBL He Blagged for His Company By Over-Egging His Turnover On a Website Which Had Nothing to do With His Company, However the Director Does Get an 8 Year Ban Which Starts Today
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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