Showing posts with label rangers. Show all posts
Showing posts with label rangers. Show all posts

Thursday, 6 July 2017

Rangers Lost




Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Wednesday, 5 July 2017

HMRC Rangers Supreme Court Ruling Today


The Supreme Court is to announce its verdict in the case between Rangers and HMRC over the club's controversial use of a tax avoidance scheme.

Two tribunals had previously found in Rangers' favour.

But after an appeal, the Court of Session found in favour of HMRC - with the Supreme Court in London now set to make a final judgement on the case.

The ruling will be streamed live on the Supreme Court website at 9:45 this morning.

Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Tuesday, 13 January 2015

Too Costly To Reveal Costs of Rangers Case


HMRC has refused to reveal the costs of its ongoing five year action against Rangers, on the grounds that it would cost too much to find out the costs.


Despite worrying about the costs of disclosing costs, HMRC has confirmed it will contest the decision of an upper-tier tax tribunal to uphold an earlier ruling on what is known as the Big Tax Case. HMRC wants to pursue the club as a matter of principle, and there is a ­procedural hearing on its latest appeal on February 3.

The ruling that HMRC is contesting said that Rangers' use of employee benefit trust (EBT) loans to players and other staff was legal, and payments were not taxable.

Chris Graham, of the Union of Fans, the Rangers supporters ­coalition, is quoted by the Herald Scotland:
"This is extraordinary. Lawyers are ­meticulous about things like that, they clock all the time they spend on a particular client.

There are question marks over why they are continuing to pursue this when we know they have been offered to settle."
When asked what the costs were to date of pursuing the tax case HMRC, a representative said:
"HMRC holds information that falls within the scope of your request. However, we estimate that it would exceed the FOIA (Freedom of Information Act) cost limit to deal with it."
That limit, he said, was the cost of one person working for three-and-a-half days.
"Normally, HMRC would explore with you how you might be able to narrow or refine your request so that it did not exceed the FOIA cost limit. However, in this case, I cannot see any scope for doing this.
Even if we had been able to find and extract all the information in the scope of your request, we would never release anything which could be linked to an identifiable person; be that an individual, company or any other entity."
It's not HMRC's money, it's taxpayers' money; taxpayers have the right to know what government organs are spending their money on.

Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Monday, 4 February 2013

HMRC Appeals Rangers Tax Ruling

As per the BBC HMRC has filed an appeal against a tax tribunal ruling in favour of Rangers' use of Employee Benefit Trusts (EBTs).

HMRC had claimed the scheme, which was used from 2001 to 2010 to make £47.65M in payments to players and staff in the form of tax-free loans, was illegal.

Rangers disputed this and a First Tier Tax Tribunal (FTT) ruled the scheme did not breach tax law.
The case will now be heard at a Second Tier Tax Tribunal (STT).

If the dispute is not settled at the STT, it is possible that it may go all the way to the Supreme Court - a process that could take years.

Tax does have to be taxing.

Professional Cover Against the Threat of Costly TAX and VAT Investigations

Insurance to protect you against the cost of enquiry or dispute with HMRC is available from several sources including Solar Tax Investigation Insurance.

Ken Frost has negotiated a 10% discount on any polices that may suit your needs.

However, neither Ken Frost nor HMRCISSHITE either endorses or recommends their services.

What is Solar Tax Investigation Insurance?

Solar Tax Investigation Insurance is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Solar Tax Investigation Insurance



Tax Investigation for Dummies, by Nick Morgan, provides a good and easy to read guide for anyone caught up in an HMRC tax investigation. A must read for any Self Assessment taxpayer.

Click the link to read about: Tax Investigation for Dummies

HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"

Monday, 27 June 2011

Morale Boosters

Morale
My thanks to a loyal reader who dropped me a note few days ago about an internal communications "initiative" that is apparently underway within HMRC.

It seems that HMRC leadership are having trouble understanding why the staff survey results are so bad (could it be that the upper echelons have, in the past, been fed a false picture about morale within the "glorious 103rd" by their front line management teams?).

Anyhoo, I am given to understand that groups (3 in at least one group) of directors are conducting site visits with the purpose of trying to convince staff that HMRC and the staff of HMRC are in safe hands.

During one hour of the visit 500 members of staff were taken away from their work to participate in a little quiz, and to listen to HMRC's Customer-centric (they actually used that phrase) propaganda. At the end of the meeting each staff member was given a sweet.

These visits are going to take place every 6 weeks or so.

All very nice, maybe.

However, this exercise seems to be missing the point of trying to understand why the survey results are so bad. Instead it appears to be trying to manipulate morale, in order to provide a less than dreadful result in the next survey.

Feel free to post your experiences/views of these visits, either in the comment box or directly to me.

Oh, and by the way folks, never accept sweets from strangers!

Tax does have to be taxing.

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Professional Cover Against the Threat of Costly TAX and VAT Investigations

What is TAXWISE?

TAXWISE is a tax-fee protection service that will pay up to £75,000 towards your accountant's fees in the event of an HM Revenue & Customs full enquiry or dispute.

To find out more, please use this link Taxwise

Tax Investigation for Dummies, by Nick Morgan, provides a good and easy to read guide for anyone caught up in an HMRC tax investigation. A must read for any Self Assessment taxpayer.

Click the link to read about: Tax Investigation for Dummies

HMRC Is Shite (www.hmrcisshite.com), also available via the domain www.hmrconline.com, is brought to you by www.kenfrost.com "The Living Brand"