With No Evidence a Director Used His Company’s £20k HSBC Bounce Back Loan for the Benefit of His Business and as He Had Over-Egged His Turnover to Get that BBL, He Ends Up With a 10 Year Disqualification
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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