Uh Oh

[Tina_old]

http://news.bbc.co.uk/sport1/hi/football/14930737.stm

HMRC says Rangers' EBT did not work like this and was, for all intents and purposes, a tax scam. It also says it has proof of this in the form of documents and emails between Ibrox's top brass and players' agents. So, last year, an angry taxman hit Rangers with a bill for £35m in unpaid tax and interest and £14m in penalties.

 

[The Raging Oxter]

Anyway, these loans are a bit like the ones you would offer a hard-up friend on a night out - here's £20, pay me back when you can but I'm not going to remember this so don't worry about it. Here, however, is the heart of HMRC's case.

For an EBT to stay on the right side of the avoidance/evasion line, these payments cannot be made on a contractual basis, as that would make them wages and therefore subject to the usual deductions. So they should, on occasion, be postponed and even refused by the trustee, who is, in theory, acting independently of the employer anyway.

HMRC says Rangers' EBT did not work like this and was, for all intents and purposes, a tax scam. It also says it has proof of this in the form of documents and emails between Ibrox's top brass and players' agents. So, last year, an angry taxman hit Rangers with a bill for £35m in unpaid tax and interest and £14m in penalties.

Bunch of tax-evading, Queen's pocket-money avoiding ****ers

Rangers look ****ed. Good

 

[Jobby Funbags]

I thought this was all Timmy lies?

 

[Bhoy From Brum]

I wondered why HMRC were so confident.

 

[Girvan Loyal 1690]

why is it only taigs who dig these stories up?

why not just wait til the actual outcome like us you weird specky bastards?

 

[Thomas The Cat]

Because its fun!

 

[Girvan Loyal 1690]

hope you get absolutely raped tonight and lose a few players through injury for sunday.

I'm all for wumming but this is ****ed up.

 

[Thomas The Cat]

And it disnae huff noise you lot up.

 

[Cossy]

Mon the tax man!

This is shaping up to be the financial version of a gangbang world record attempt. Everyone is going to hammer in there to get their money, with the tax man and Baldy Bain head of the queue.

 

[Cossy]

I'm all for wumming but this is ****ed up.

Nah, you're all for wumming but cannae take it because the difference between reality and 'Rangers reality' is now becoming clearer by the day

 

[Thomas The Cat]

hope you get absolutely raped tonight and lose a few players through injury for sunday.

I'm all for wumming but this is ****ed up.

When St Johnstone beat us we lost a few players and ended up gubbing Sion 3-0, be careful what you wish for.

 

[Girvan Loyal 1690]

if we got bust you got bust. that's a fact

 

[Null]

hope you get absolutely raped tonight and lose a few players through injury for sunday.

I'm all for wumming but this is ****ed up.

 

[Jobby Funbags]

This is getting better.

Linking to BBC News is "digging things up".

After months and months of "it isnae happening","youz are aw wrong" and "The failed social worker is well wide of the mark" type pish, it's now "Please stop digging things up - this is ****ed up"

Lovin' it

 

[Tina_old]

Trev's ****in' beelin'

 

[harryhood67]

can Celtic sue for lost revenue over the last 10 years , when Rangers have been cheating their way to their tainted titles?????

 

[Girvan Loyal 1690]

trev's just back from ibiza. that's why he's beelin. youse fenian ****s arent helpin much

 

[Tina_old]

trev's just back from ibiza. that's why he's beelin. youse fenian ****s arent helpin much

Showz yer white bits.

 

[Jobby Funbags]

His white bits have gone a sort of beel-coloured purple.

 

[Tina_old]

See to be fair, Trev's the only hun on here I've ever seen saying he doesn't trust ole googly eyes. Almost right from the start.