Sevenoaks Based Company Director Given a Modest 6 Year Ban For Not Paying Back a £50k Barclays Bounce Back Loan After Securing a £125k CBILs Loan As Required To By The Rules of Those Schemes
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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