Not Using a BBL for the Economic Benefit of His Business and Over-Egging the Turnover to Get a Lloyds Bank BBL and Leaving It Owing at Liquidation Sees a Company Director Slapped with a 9 Year Disqualification
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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