Jump to content

BigVicWanyama

Gold Members
  • Posts

    15
  • Joined

  • Last visited

Posts posted by BigVicWanyama

  1. I read this short but intriguing fact on a tax-expert website:

    "The EBT is a trust that has been set up for the benefit of employees and a form of corporate tax planning. An additional benefit of the employee benefit trust has also been the ability to avoid income tax by the beneficiaries of the trust, who were usually key employees like directors and shareholders. However, the main use of the EBT is a means how to reduce the company's corporation tax. Employers may see fit to offer their employees benefits in addition to their salary including pension contributions or access to a private healthcare scheme. Sometimes employees can be offered interest-free loans for specific purposes. For example, many companies offer interest-free loans in order that employees can purchase bicycles or public transport passes in an effort to reduce the company's carbon footprint. "

    So if Rangers can prove that Sir David Murray set up the EBTs at Ibrox to assist Ronald de Boer to buy a bus-pass there is no case to answer. And those that want Rangers stripped of their titles don't care enough about the environment. :lol:

    laugh.giflaugh.giflaugh.gif

  2. So regarding europe, do rangers not have to be out of administration tonight in order to be eligible for europe next season? Sure March 31 was the date mentioned.

    Or is there some loophole that will be enivitably used to get them in?

    Yes, when they're still in administration as of 1st April then no Euro license. The SPL license has a definite shut off date of 10th April (I'm pretty sure).

  3. Any or all of them?

    Any 00's rangers player will of course say that it was all legit. They're not going to drop themselves in it.

    I'll guess he wasn't asked 'did you sign two contacts?'

    Well ermm you see it was an understanding, written down on paper which now gathers tea stains next to my bed. Note to self : get that shredded!

    In reality though haha players won't be held accountable if such evidence does exist. It's the club's own fault, I mean who gets tax advice then does the complete opposite? laugh.gif

  4. From a couple of reports this morning in Record andScotsman...........

    In next 24 hours Paul Murray and Ticketus will meet Duffand Phelps to outline in detail their joint rescue package for the club. They will then table a formal offer to remove Whyte from Ibrox before the end of this week.

    Ticketus and Octopus will back the Blue Knights' cash offer and provide running costs to keep the club in business until a share issue launch.

    That share issue would entitle ordinary Rangers fans to buy their way into the club.

    Murray continued:"There are two parties involved as creditors – HMRC and Ticketus – and the last thing the club needs right now is any kind of long legal battle.

    "That would also mean Ticketus would not be involved in any CVA agreement that we hope to reach with HMRC."

    Rangers administrator Paul Clark reckons that HMRC will not go for the jugular should the 'big tax case' rule in the government body's favour.

    Duff & Phelps spoke twice with HMRC last week... "HMRC are not saying 'we're going to be difficult, we're going to destroy value.' why would they? It's not in their interest or the taxpayers' interest."

    "I haven't seen or heard that HMRC have said that RFC should cease to operate."

    "They have never, ever, suggested that they are going to be belligerent. They are concerned at the manner in which the club was run most recently."

    http://www.scotsman....ut-up-1-2167332

    http://www.dailyreco...86908-23785097/

    Oh Ffs xD How many times! HMRC won't be doing any deals no matter what the media tell you, unless someone comes along with 100mil+ to skoosh away just to save rangers then it's on course for liquidation come forth the BTC.

  5. If no evidence of illegal double contracts to players is found, Rangers will be in the clear. Apart from being skint, in administration, out of Europe, out of both cups, staff and players taking massive pay cuts, having a well dodgy owner, the Ticketus shambles, oweing other Scottish clubs money, not paying tax or PAYE in Whyte's reign, millions tied up in lawyer's accounts, the outcome of the big tax case, facing charges of bringing the game into disrepute, and looking like the very best outcome is being a mile behind Celtic for 5 years... they've got fcuk all to worry about.

    hahahaha

×
×
  • Create New...