Taking the Liquidation Route Proves to be the Undoing of a Company Director, As That Uncovers He Over-Egged His Turnover to Get a £33k Barclays BBL and Sent the Money to a Third Party – He is Today Beginning an 11 Year Ban With the Liquidator Abandoning Any Recovery Action on the Company Debts
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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