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Big Rangers Administration/Liquidation Thread - All chat here!


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Just now, The_Kincardine said:

That's because the law changed - not because HMRC pissed money away.

That will be filed under "true but irrelevant".

The Rangers case was about setting precedent and scaring other institutions into complying. Money well spent.

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Just now, stonedsailor said:

That will be filed under "true but irrelevant".

The Rangers case was about setting precedent and scaring other institutions into complying. Money well spent.

This was the trope beloved of posters on here but absolutely nothing has come of it and the government changed the rules.

The 'precedent' boat sailed a while ago.  That you've missed the boat again is hardly surprising.

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1 minute ago, The_Kincardine said:

This was the trope beloved of posters on here but absolutely nothing has come of it and the government changed the rules.

The 'precedent' boat sailed a while ago.  That you've missed the boat again is hardly surprising.

Even if you are correct about the precedent, I don't remember seeing any other companies or individuals having a judgement made with regards to EBTs being declared as income, the fact that the HMRC have probably convinced many more to settle their tax bills without going through the courts or HMRC being able to cite to the Rangers case when it does reach court makes it all worthwhile.

 

When was precedence set in this matter before? If there was legal precedence set before then why was it not cited in the Rangers case?

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Kinky how do you feel about your club leaving your former heroes with crippling tax bills? Do you think the club should step up to the mark and help these guys? It's not their fault Rangers stiffed the tax man.

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1 minute ago, stonedsailor said:

Kinky how do you feel about your club leaving your former heroes with crippling tax bills? Do you think the club should step up to the mark and help these guys? It's not their fault Rangers stiffed the tax man.

They should have taken proper advice and been canny with their money.  Plus EBTs are/were immoral, irrespective of the legality.

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Just now, The_Kincardine said:

They should have taken proper advice and been canny with their money.  Plus EBTs are/were immoral, irrespective of the legality.

But should the club, who told the players these schemes were legitimate, step up to the plate and pay the bills?

Could you point me in the direction of the case where precedence was set on EBTs being classed as remuneration prior to the Rangers case please?

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50 minutes ago, stonedsailor said:

But should the club, who told the players these schemes were legitimate, step up to the plate and pay the bills?

Could you point me in the direction of the case where precedence was set on EBTs being classed as remuneration prior to the Rangers case please?

The players had their own advisors. We'll see how things go. The matter remains under appeal, for one thing.

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8 minutes ago, Bearwithme said:

The players had their own advisors. We'll see how things go. The matter remains under appeal, for one thing.

Rangers had a porn baron to advise them, surely then they should accept responsibility on that fact alone.

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1 hour ago, The_Kincardine said:

They should have taken proper advice and been canny with their money.  Plus EBTs are/were immoral, irrespective of the legality.

I know I shouldn't play along with your recent nonsense, but I will anyway.

It's heartening to see your recognition of the immoral nature of the EBT scheme.  Your lack of sympathy for the shafted players seems unfair though.  

Your suggestion that HMRC should accept a fraction of what they're owed and deserve criticism for not doing so, remains senseless.  You understand that HMRC wished to clamp down on such schemes.  You also understand that unlike most creditors, HMRC are big and strong enough to not have to just get what they're given.

I think it's telling that no other Rangers fans are coming to your aid on this one, despite how desperately you're in need of some help.

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36 minutes ago, Monkey Tennis said:

I know I shouldn't play along with your recent nonsense, but I will anyway.

It's heartening to see your recognition of the immoral nature of the EBT scheme. 

I've never said otherwise.  It was a daft way of remunerating players and Minty's profligacy was shameful.

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1 minute ago, The_Kincardine said:

I've never said otherwise.  It was a daft way of remunerating players and Minty's profligacy was shameful.

Well stop suggesting that HMRC should have tacitly allowed it then, by being all accommodating of his attempt to wriggle from their hook.

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Just now, Monkey Tennis said:

Well stop suggesting that HMRC should have tacitly allowed it then, by being all accommodating of his attempt to wriggle from their hook.

I've not said that.  I've just being sensible in stating that HMRC's pursuit of Rangers through the courts has been counter-productive, especially given that The Gvt changed the law on EBTs.  I'm thinking of we taxpayers here ;)

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1 minute ago, The_Kincardine said:

I've not said that.  I've just being sensible in stating that HMRC's pursuit of Rangers through the courts has been counter-productive, especially given that The Gvt changed the law on EBTs.  I'm thinking of we taxpayers here ;)

We both know that you're not though.

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HMRC 'What's that Mr Murray?  You'd like to make us an offer!  Will it be similar to that of the 'wee tax case' that you haven't paid yet'?

 

Murray:. 'Yes'

 

HMRC:. 'Get fecked'!

HMRCs' behaviour seems reasonable enough in light of the fact, DeadRangers hadn't met it's prior obligations, and that it felt it could set precedent by pursuing the now dead club.

 

In all honesty, I'm delighted my taxes were spent on the court cases.  Killing old Rangers, was also a marvellous side benefit.

 

We are all HMRC!

 

Yours, ding dong the witch is dead.

aDONis 

 

 

 

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