Over-Estimating His Company’s Estimated Turnover Figure to Bag a Barclays Bounce Back Loan and Not Using it for the Benefit of His Business Lands a Director with an 8 Year Ban
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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