Wetherby Based Business Owner Given a 5 Year Ban for Failing to Repay His £50k Lloyds Bank Bounce Back Loan in Full After Obtaining a £100,000 Funding Circle CBILS Loan, As Required to By the Rules of Those Schemes
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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