Jump to content

Big Rangers Administration/Liquidation Thread - All chat here!


Recommended Posts

13 hours ago, Dundee Hibernian said:

Tax avoidance and tax evasion are, to me, the same thing: cheating. Unfortunately, the law allows avenues for rich individuals and companies to avoid taxation which has the same result on the public purse as evasion. 

 

As an aside, everyone who evades tax isn't jailed.

 

You'll be able to provide non Sevco examples of you comparing tax avoidance to cheating.....

 

 

Link to comment
Share on other sites

17 minutes ago, red23 said:

Sorry just had to post this again, it is so accurate and on point it's incredible.

They just don't have the brain capacity or morals to step back and say "oh, we were wrong"

Sectarian content,  oh dear....

Link to comment
Share on other sites

The criteria that determine whether or not "penalties" are charged by HMRC depends very much on :

The amount of the evasion/avoidance

The nature (ie, type) of evasion/avoidance

The background circumstances (ie, was bona fide professional advice sought) which strongly advised or sanctioned/endorsed the action taken resulting in the outstanding tax/NI charges.

Any penalties are an additional sanction, over and above the established Tax/NI and non-negotiable interest calculated to the point at which the liabilities are settled.  These are determined and are applied once the culpability and seriousness have been confirmed.  HMRC will apply the penalties commensurate with the established position.

However, if, like in this case, it is absolutely clear that the amounts likely to be recovered from the liquidated entity are minimal or negligible, HMRC will take steps to reduce or negate the penalties position where there is no expectation of recovering any or very little at most.  This, however, does not affect the levels of Tax/NI/Interest due on the original charges and has no impact on the circumstances where the liabilities arose in the first place.  The charges arose due to the sole and specific actions of the entity itself.

Penalties applied by HMRC are additional, punitive measures applied subjectively depending on the specific circumstances.  Similarly, HMRC can reduce or negate the same where there is little or no chance of recovery from the liquidated company and the remaining assets.

Only sayin' like.  

Link to comment
Share on other sites

34 minutes ago, Monkey Tennis said:

The accusations run deeper than that.

Because of the signing/employment policy their support was from one side of the community. It it hadn't been for said policy their support might have been more diverse. I don't think it will change much now, after all the Celtic support nearly consider themselves to be more Irish now than when they were formed.

Edited by Jacksgranda
sllepnig
Link to comment
Share on other sites

https://www.dailyrecord.co.uk/sport/football/rangers-crisis-choosing-bill-miller-1120354

Quote

“Miller plans to have a newco, Rangers 2012, playing in the SPL next season while the oldco – the Rangers which means so much to so many – is sitting on a shelf somewhere gathering dust and cobwebs, perhaps never to be seen again.

:oops

Image result for bill miller rangers demonstration

Minter.

Edited by Joey Jo Jo Junior Shabadoo
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...