Billy Dodds, who was named by the BBC as a beneficiary of Rangers Employee Benefit Trust, wrote in today’s Sunday Herald on the subject. He alleges Rangers paid him money, which should have been taxed as income, through an EBT.
Dodds wrote, “David Murray came to me and asked if I would receive a payment that was due to me, after tax, through the EBT trust. And I said that I would. It was money that was owing to me when I had six months left on my contract and I moved to Dundee United. After the tax was deducted, that money was put in the trust fund.”
What happened to the “tax… deducted” is the crucial question. Dodds is clear. This was money due to him through his contract of employment which should have been taxed. The seriousness of the allegations against Rangers just cranked up a notch – and from a surprising source.
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