Treating Himself to a Lovely New Car and Transferring Over £20k to Himself from His Company’s Lloyds Bank Issued Bounce Back Loan Obtained by Over-Egging His Turnover Leads to a 10 Year Ban
Hot Topics
Watch Your Backs
-
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