TSB Snatch Back a Customers Bounce Back Loan as They Didn’t Believe His Turnover Figure the Customer States It Was a Projected and Therefore an Estimated Figure the Ombudsman Says His Business Was Established Before 1 Jan 2019 So No Estimates Allowed He Does However Award £200 Compensation
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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