With No Direct Debit Set up to Make His Bounce Back Loan Repayment on Time a Customer of HSBC Pays £10k to the Bank Before it’s Due, the Bank Puts Him in Arrears and Puts a Negative Marker on His Company Credit File – Ombudsman Says That’s Fine
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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