Stockport Based Director Who Blagged a Bounce Back Loan Worth £50,000 When Only Entitled to a BBL Worth £1,470 By Massively Over-Egging His Company Turnover Gets a 10 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