Redditch Based Director Hit With a 10 Year Ban for Claiming His £30,997 Turnover Was £200,000 To Blag a £50k Bounce Back Loan from HSBC and Transferring Nearly All of That BBL to Himself
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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