Sole Trader Whose Last Known Address Was in Cyprus Given a 9 Year Bankruptcy Restrictions Order for Over-Egging Her Business Turnover to Get a £15k Bounce Back Loan and Not Using the Funds for Her Business
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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