NatWest Ordered to Write Off a Bounce Back Loan as Ombudsman Decides They Told a Company Director to Clear a Debt with the Bank by Applying for a BBL Even Though His Business Wasn’t Trading and Was About to be Struck Off
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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