Directors and shareholders in limited companies cannot be pursued by creditors under normal circumstances but special provisions exist for ordinary creditors and the tax authorities to pursue officers in a company if their behaviour transgresses acceptable standards.
The Social Security Administration Act 1992 allows HMRC to issue Personal Liability Notices to officers in a company for the recovery of company tax if they are guilty of fraud or “more serious levels of neglect”.
HMRC say:
Generally HMRC may consider a case to involve more serious neglect where it can be established that against a background of persistent failure to pay the contributions due the company was making significant and/or regular payments:
to other creditors
or
to connected persons or companies
or
in the form of director’s salaries
A case may also be judged to involve more serious neglect where ‘culpable officers’ have been associated with previous liquidated companies or other companies that have demonstrated a failure to comply with the statutory requirements of the Income Tax PAYE and NIC legislations.
While I am sure Craig Whyte has acted with the utmost probity Duff and Phelps early comments that Rangers used tax as cash to operate the company with will concern many.
Rangers accumulated £15m in tax debt during Whyte’s tenure. In addition to his outstanding guarantees to Ticketus the Rangers owner will be alert that the administrators report could cast his actions in a poor light with respect to some of the above scenarios.
The £15m HMRC are demanding for this season is not cash Whyte received, Rangers used that money to fund a domestic and European football campaign. Rangers owe that money and Craig Whyte is unlikely to forgo his security (Ibrox stadium) without his potential tax and Ticketus positions being covered.
Any attempts to resolve the matters surrounding Rangers which does not provide funds for this obstacle is doomed to failure.
Only a few hours left to bid on the charity auction for the Neil Lennon painting.
Buy a hard copy of CQN Magazine, issue 7, by clicking on the button below. You can read online here.
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RalphWaldo
No appeal process.
Saying NL’s guilty but has served punishment through a half game ban is cringingly amateur even by SFA standards. Surely this will unravel at some point.
Randy Marsh on 19 April, 2012 at 19:19 said:
The hearts banner said petrov 19 days to die or something along those lines
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19 days to live
Mort on 19 April, 2012 at 19:20 said:
I don’t remember him Mort before my time..
Sean South was he no??
It is now incumbent on the SFA to hold an independent einquiry into the obvious fact that to reach the upper echelons of Scottish refereeing circles a person has to be of questionable character. This is the second season in a row that this has come to the surface. This can no longer be brushed off as paranoia, it is now fact that these guys are quite prepared to concoct, collude and lie to back each other and their appalling decisions up. We all know who started, and encouraged, the present set up and, lo and behold, this very week he still has the front to back up this behaviour by his followers and blame Neil Lennon prior to any investigation even being announced.
What a disgraceful mess.
STV saying Neil found guilty on Ipox charge,no further punishment?
Mort on 19 April, 2012 at 19:20 said:
starry plough
I like this guy..
:-) Ha, few did when he posted on CQN.
Mort
————————————————–
what was his blog name again?
Verdict on the Huns game,punishment served missing second half of game..Celtic I hope your not signing up to this..
Derek Ogg, QC is a Scottish lawyer, noted for conducting the prosecution of Malcolm Webster.
He is an assistant principal advocate depute, a senior post at the Crown Office and Procurator Fiscal Service.
wiki
starry plough
Aye, he made a stupid bet that he would buy everyone a drink if we won the league in 2008 (this when we were way behind).
Don’t think anyone would have taken him up on it but disliked being reminded about it. :-)
Mort
can I ask that nobody talks about the “Petrov banner” again, it makes me sick to the stomach just thinking that these scum breathe the same air as me.
medtim, agree with you that more must be done to promote the belief that there exists such an entity as ‘The Celtic Family’ and if properly established there is SO much that can be done. I don’t know if you watched and listened to the post Paul 67 of a couple of weeks ago when he asked us to chill out a little after a bad weekend and listen to the song ‘The Celtic Family’. This song written and sung by two bhoys ‘fae’ Dundee, Lochee actually has no bigotted words, connotations or sectarian message it only emphasises what Celtic and its supporters stand for. It was written by me and ‘melodeon dek’ played all the instruments,button accordian,base guitar,violin,acoustic guitar and mandolin. A copy was given to Neil Lennon at the last league match versus Dundee Utd. at Tannadice in December and a copy handed into Celtic Park for Tony Hamilton asking him to consider playing it at Celtic Park. To date he has not played it or replied to my letter. What does that tell us about the powers that be at Celtic Park. This offer was given with no strings attached. Is ‘The Celtic Family’ myth or reality. KTF.
Guidi nows says investigate Murray and Brines
sorry I asked about that banner, did anyone really see this at the game ?
conflicting reports that it never happened
a new low if it did
WTF!
Neil found guilty of charge against him at ibrox but no punishment?
Obviously they have serious reservations about the officials version of events.
HH
bournesouprecipe on 19 April, 2012 at 19:23 said
No` Angus`s brother then ?
I’ve developed a wee theory that the reason why some folk do not like Neil Lennon, or worse detest him, is that he brings out the Neil Lennon in them.
Did anybody hear that Motherwell supporter on Clyde, as he was describing how Neil Lennon acted I was envisaging his mood as he was making the point and the face I saw was the face of Neil Lennon that the caller was describing.
Neil Lennon holds up a mirror to some people and when they react with the venom in that call it is because he reflects what they detest about themselves but are unaware of what their reaction is telling them.
They have to be to expose their ugly inner selves to the public.
jmccormick on 19 April, 2012 at 19:24 said:
your right, if it had been discussed, apoligies from bringing it up again, was away all weekend.
Richie
Sean South was his name
Mort
Will we read Kenny Clark issuing an apology to Neil Lennon over his rematks surrounding Neil being sent to the stand at ibroke?
Wont hold my breath
Celtic had better not be signing up to that. I tell you, THAT stinks to high heaven.
That’s the best deal that could be cut here? THAT? That is a corrupt joke.
These people must NEVER officiate Celtic matches again. It’s that simple, that clear cut.
This is the SFA people here have been trying to tell me have been reformed?
These people cannot be reformed. They must be DESTROYED.
I am FURIOUS that our club is accepting that, if they are. Scandalous. If that’s happened, WE are complicit in a stinking, shameful SFA cover-up which targeted our manager? Absolutely disgraceful.
St Stiv’s
There are pics of it
HH
St Stivis
Banner didn’t make it into Hampden. Was confiscated in a bowling club in Motherwell according to Hearts fans who saw it in the club.
Mort
Saint Stivs on 19 April, 2012 at 19:07 said
********************
I love a good sink story……… IKEACSC
TAL
V
Let the back tracking begin!!!!
Hail hail Neil Lennon
Saint Stivs on 19 April, 2012 at 19:26 said
No problems, my concern is for the man himslef not for my feelings.
How can you get a half game ban?
*drums fingers*
Mort on 19 April, 2012 at 19:26 said:
Richie
Sean South was his name
Mort
———————————–
:-)
I (now) remember him well !
Mort on 19 April, 2012 at 19:27 said:
”St Stivis
Banner didn’t make it into Hampden. Was confiscated in a bowling club in Motherwell according to Hearts fans who saw it in the club.”
The report I read said other Hearts fans tried to set fire to the banner at the Motherwell bowling club.
It’s not clear if it made it to Hampden.
We obviously need to wait for some official info before going ballistic (James F;-)) but I will be deeply disappointed if we make any concession on the Ibrox stitch up.
HH
ernie lynch
I think if it had made it to Hampden there would have been more pics of it going around. Surely some Celtic fan would have seen it or the Hearts fans themselves would have photographed it.
Mort
Well said the boy from Northern Ireland on Clyde
This cheating has to stop.
Seriously, I”ll be interested to hear Celtic’s version of how the 2 1/2 game ban can be interpreted, and explained, as there appears to be no appeal process.
I’d expect a statement from Celtic communicated for the benefit of the Celtic Support at the very least.
Come on you historians,
What is the Celtic history from behind this door that is commemorated in books, songs and thousands of sore feet.
The second picture of the two
Here’s the refilled baths in all their glory with a wee supplementary on the historic connection behind the Red Door…..
The secret of Victoria Road?
I will give the answer or congratulate the relevant guru just before the Bilbao match
Hail hail
Estadio
Hail Hail
Estadio
Did you boys like my SSB debut there?
Cant believe they let me on!!
ONE NEIL LENNON!
Boy from Ireland on Snyde,,,well said son!!
Hail hail
Sorry to change topic slightly but did I hear somewhere that we the real identity of the poster behind ‘Declan’ was determined over last weekend. I was away for a bit and missed it.
Jobo
knoxy2000 eating Jelly and Ice Cream and supporting Neil Lennon on 19 April, 2012 at 19:35 said:
Did you boys like my SSB debut there?
Cant believe they let me on!!
ONE NEIL LENNON!
Well done m8 lol
Hail hail