Metro Bank Snatch Back Another Bounce Back Loan As It Suspected a Company’s Estimated Turnover Wasn’t Correct, and Suspected It Was Not Trading on March 1st 2020 – Ben The Ombudsman Sides With the Bank
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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