Liquidator States It Is Uneconomical to Pursue a Tower Hamlets Based Director Who Over-Egged His Company Turnover to Blag a Bounce Back Loan from Barclays, Transferred Most of It To Himself and Bought a Car, So That Director Is Given an 11 Year Ban As Punishment
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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