Hand Back your Bounce Back Loan?

Many businessowners applied for the Government’s Bounce Back Loans within days of the announcement by Rishi Sunak in May 2020.

However not every business that accepted this cash injection, has actually spent the money. Now that they are approaching the 12 month anniversary, many business owners are asking themselves “Do I repay the loan?”.

My blog https://www.redstarwealth.co.uk/blog/hand-back-the-bounce-back/ gives you some ideas to think about if you have unspent bounce back loan money, and are wondering what your best course of action is.