Wylie & Bisset has advised company directors who are struggling to meet Bounce Back Loan Scheme (BBLS) repayments, to speak to an accountant to assess the viability of their business going forward and explore their options to avoid the risk of prosecution. In April 2020, at the outset of the pan
Covid Loans
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The Insolvency Services has been using new powers to tackle fraudulent use of Covid loans. Several directors have been banned in the last month after investigations showing misuse of Covid loan money.