Using the Now Closed Illegal Loophole of Getting His Company Dissolved After Paying Himself the Bounce Back Loan He Secured for That Company By Over-Egging Its Turnover, Sees a Director Given an 8 Year Ban and a Jail Sentence Could Now Await Him
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Watch Your Backs
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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