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Bloody hell. I've just read the whole article. This shit is unbelievable.

I gave up trying to explain.

It's complicated. If the entity that has taken out the loan (the company) has been dissolved then it's a tricky process to go after the directors / shareholders. However, I would have thought that the loans would have been given with the proviso that should someone want to down the company...

No idea mate. I've not seen any cases of fraud. As I said, my mate's was a genuine claim in his circumstances and his loan will be repaid. It just highlighted to me how open to out and out RINSING the scheme is.

The bank wont care because it's underwritten by the government........er, us.

Get your new accountant to go through the bill forensically. I've seen this before and got a £1700 bill for basically nothing reduced to £200. Some proper scumbags out there in every "profession"!

I always advise clients to do it themselves via Companies House. If they have any problems they can call / email me for advice and I don't charge them for it.

As if by magic. This just popped up on my phone. We're all in this together though! https://www.theguardian.com/politics/2020/nov/27/huge-wealth-of-sunaks-family-not-declared-in-ministerial-register

Well yes. That and the fact that one of the first things the government did with "austerity" was to massively defund HMRC and get rid of all the top investigators who brought in the most money, because they cost too much (?!). So of course they all went to work for big accountancy firms to...

You need a new accountant mate. That is disgraceful. I spent weeks at the start of lockdown on the phone / Whatsapp / email almost constantly and sometimes til late in the evening trying to help people with what they could or couldn't claim. I never billed a penny, because how could you...

Agreed. But seeing the utter shambles first hand is quite an eye opener! Especially when HMRC are pretty handy at coming down like a ton of bricks on people who are generally just trying to do the right thing.

Sorry to hear that Chicks. You're in a similar boat to many of my clients. Hung out to dry by the loophole filled schemes of our glorious chancellor while many fill their boots.

Please reread the original post. You aren't making any sense.

I think your edit actually makes even less sense. :clap2:

Likewise.

? Just pointing out a multi million pound fraud which the general "benefit scoungers / bloody immigrants" crew will have no idea about but which will be costing them (if they have a job) more money than the things they so often complain about. This loan was given a couple of weeks ago by the...

Had to exist. Didn't have to have submitted anything. So "existing" means nothing.

So. I've banged on about loads of small businesses falling through the net of the 'great' furlough / self employed grant schemes. Millions of law abiding, tax paying people left with nothing. Just been talking to a client who was able to claim a modest amount, based on his self employment...