Woking Based Director Banned for 10 Years For Dishonestly Applying for and Getting a £25,000 Bounce Back Loan When His Business Was Insolvent, Most of the BBL Funds Were Transferred to Himself and His Family
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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