Jump to content

 

 

HMRC granted leave to appeal


Recommended Posts

Makes the SPL tribunals job easier I guess. Now it's being appealed, they can argue the ruling of the original tribunal is void so they're not bound by it's findings and can procede to strip Rangers of everything they've ever won and make us pay back every penny of prize money plus interest at a thoroughly reasonable %50pa rate. Happy days! <\cynic>

Link to post
Share on other sites

i dont see it as pointless at all, they have now had a few months to work on the 2 guys who voted in our favour, watch them now miraculously change their minds.

 

As far as I know mate it goes to different judges, who look over the case and see if everything is above board.

Link to post
Share on other sites

RANGERS Chief Executive Charles Green commented: “All Rangers fans welcomed the First Tier Tax Tribunal verdict last November and will be disappointed that HMRC have now launched an appeal against their judgment.

“The ruling of the First Tier Tax Tribunal does not affect the operations and the financial position of the Club as it stands today and the appeal will have no affect on us as this is an historic case for The Rangers Football Club plc ('oldco').

“As HMRC stated last June when they decided to vote against the proposed ‘oldco’ CVA, no tax liabilities relating to 'oldco' would transfer across to the new company. HMRC have also reaffirmed this position to the Club's tax advisers, Deloitte.

“What the appeal does do, however, is cast a cloud of uncertainty and confusion over a situation that has already been ruled on and has taken a number of years to investigate.

“There is no money to be gained by HMRC as the old company has been liquidated so you have to ask why they are pursuing the matter further when the original EBT enquiry took years to reach a conclusion?

“I have written in the strongest possible terms to HMRC pointing out the futility of such an appeal.”

 

http://www.rangers.co.uk/news/headlines/item/3300-hmrc-appeal-statement

Link to post
Share on other sites

RANGERS Chief Executive Charles Green commented: “All Rangers fans welcomed the First Tier Tax Tribunal verdict last November and will be disappointed that HMRC have now launched an appeal against their judgment.

“The ruling of the First Tier Tax Tribunal does not affect the operations and the financial position of the Club as it stands today and the appeal will have no affect on us as this is an historic case for The Rangers Football Club plc ('oldco').

“As HMRC stated last June when they decided to vote against the proposed ‘oldco’ CVA, no tax liabilities relating to 'oldco' would transfer across to the new company. HMRC have also reaffirmed this position to the Club's tax advisers, Deloitte.

“What the appeal does do, however, is cast a cloud of uncertainty and confusion over a situation that has already been ruled on and has taken a number of years to investigate.

“There is no money to be gained by HMRC as the old company has been liquidated so you have to ask why they are pursuing the matter further when the original EBT enquiry took years to reach a conclusion?

I have written in the strongest possible terms to HMRC pointing out the futility of such an appeal.

 

http://www.rangers.co.uk/news/headlines/item/3300-hmrc-appeal-statement

 

a very very dangerous assumption by charlie. he is going to look very stupid if the decision is overturned which it most likely will imo.

Link to post
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.

  • Recently Browsing   0 members

    • No registered users viewing this page.


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.