HMRC confirm they over billed Rangers oldco...

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brir said:
So, they werent innocent, just should not have been fined as much?

Is that the strength of it?
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Not quite.

The fine and interest elements have been waived (£26m). Because HMRC don’t see the benefit in pursuing that element of the debt. On the basis the organisation owing it no longer exist and the chances of recovering it are now practically non-existant.

Inexplicably, that’s being presented as a victory of some sort for Rangers.
 
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Oh, and I have it on good authority from someone close to Rangers that the remaining £24m, of the ‘victory’ for Rangers is now being pursued for recovery from former players. The former players who were advised to enter into these tax avoidance schemes by their employer. Devastating if true.

So of the overall £50m “Over charged”, seemingly £26m constitutes fines that have been written off, and the remaining £24m will be pursued from the likes of Barry Ferguson, Craig Moore etc.... Victory however for the Glasgow Rangers!

Some club Rangers, some club!
 
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As I understand it, taking away the hyperbole, a bad debt has been written off. It's not exactly Rangers being exonerated for their tax avoidance scam. Or make any more palatable one supporter's assertion at the time of 'We'll take every other club down with us.'

It would be a nice karma if those tax officials supported Dunfermline or Hearts, two clubs who were royally screwed over by Rangers for unpaid cup ticket sales and transfer fees.
 
Dun Scathach said:
I’ve just had a closer look at the actual documents surrounding the tax case. This was announced 5 months ago, odd that suddenly this has this been picked up by the Times in Scotland?

Perhaps most importantly, the decision has been made to in effect reduce the amount due. This is stated in court papers from January 2019 as a result of a cost vs effort decision by HMRC. The organisation they are pursuing no longer exists, the decision has been made not to pursue the penalty element of the overall liability, because they’d never recover it.

That this is somehow a victory for Rangers is such a distortion of the truth it’s laughable :lol:
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The bluenose feeding the story is just the quickest of the very slow readers on Ibrox watch. The differentials in money don't obscure the bottom line that they cheated massively and still never got the punishment they deserved.
 
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Doberman said:
"oversight" suggests it was an accident.

someone from within HMRC spent their days feeding Celtic-minded journalists and blogs information. Information that was clearly based on fuck all.

forgive me for wondering whether this "oversight" was accident..
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Tongue in cheek mate. It’s going to be interesting to see how it pans out
 
Doberman said:
are you choosing to ignore "and all the implications of that"?

The Copland Road blog (despite the daft tag line) are very "well in" at Rangers. They know their stuff.
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Are they "well in" with the company that was liquidated and are implicated by this non story or are they "well in" with the new company which is a completely different legal and financial entity ran by completely different people?
 
Horace Cope said:
Are they "well in" with the company that was liquidated and are implicated by this non story or are they "well in" with the new company which is a completely different legal and financial entity ran by completely different people?
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both. They kept us informed through the initial process. They were first to the story last night.
brir said:
So, they werent innocent, just should not have been fined as much?

Is that the strength of it?
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wrongly liquidated. Imagine if this was McDonalds or some other multi million pound company who couldn't just rise again after a false tax claim. It would make the national and international news.

it's hardly something that can be brushed off with a shrug of the shoulders.

an entire company was destroyed, jobs lost, lives ruined, millions spent on court cases scrutinising false info because HMRC were employing someone who either couldn't work a calculator or worse still didn't want to use a calculator properly.
 
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Doberman said:
both. They kept us informed through the initial process. They were first to the story last night.


wrongly liquidated. Imagine if this was McDonalds or some other multi million pound company who couldn't just rise again after a false tax claim. It would make the national and international news.

it's hardly something that can be brushed off with a shrug of the shoulders.

an entire company was destroyed, jobs lost, lives ruined, millions spent on court cases scrutinising false info because HMRC were employing someone who either couldn't work a calculator or worse still didn't want to use a calculator properly.
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Can it be brushed off if it's what the other lad is saying and they've written off the balance because there's nobody left to chase for it?
 
mikemanc said:
Can it be brushed off if it's what the other lad is saying and they've written off the balance because there's nobody left to chase for it?
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Surely it shouldn't matter? Lives were ruined regardless of whether Steven Naismith and Steven Whittaker have moved on and can't chase it. A public inquiry is the absolute minimum that Rangers should be chasing.
 
Doberman said:
Surely it shouldn't matter? Lives were ruined regardless of whether Steven Naismith and Steven Whittaker have moved on and can't chase it. A public inquiry is the absolute minimum that Rangers should be chasing.
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The other lad is saying they can't recover the cash from Rangers because they don't exist anymore. So it's not that they were fined/charged the wrong amount, the revenue are saying they can't collect it (I haven't read any articles). That's totally different to being charged the wrong amount in the first place (in which case I'd agree with you).
 
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