HMRC
Premier League and HMRC Court Battle Set for 15 February
Next month, HMRC and the Football Association Premier League will battle in court over the taxman’s claim that the ‘football creditor rule’ is unlawful. Under the football creditor rule, when a club enters administration creditors such as players and managers are paid in full, whilst any remaining money is divided between unsecured creditors including HMRC. Football as…
Read MoreDirectors are Wrong to Think They Can Avoid Taxman
The 10-year prison sentence a Yorkshire woman recently received for her part in a VAT scam described as ‘brazen and meticulous’ should be a lesson for any business owner or director who thinks they can outsmart HM Revenue and Customs. Jayne Mitchell, 40, and six others imported 7,000 new cars which passed through a chain…
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