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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Flippin double flippin…
churley on ESPN.. I despair…
nurse, bottle of Bud please…
Must have been good at Hampden today, basically Neils 2 game suspended ban from last March has been applied.
Half match ban unbelievable!!
Our board has let those cheating lying bunch of crooks of the hook AGAIN.
A 2 match ban for telling the truth, disgusting and not allowed to appeal on top of that.
The SFA have never heard of human rights.
KTF and to hell with scottish football.
Not happy with Celtic statement. If Neil was sent to the stand on the basis of a lie we should be demanding compensation of some kind.
congratulations to young Chris1888 of the parish, son on our very own TNT..
he is the proud father of a lovely wee ghirl baby Ella..
probably posted previously but I have just found out…
A ocuple of unrelated and random points –
1. Sporting Lisbon , Athletic Bilbao being played at some pace, great to see.
2. Anyone heard from Gold Coast Tom McLaughlin?) lately. I remember he had a wee scare a few months back but don’t remember him posting this past wee while.
Come on The (Lisbon) Hoops.
Jobo
Like many, I’m not happy with the outcome of the Judicial Panel Tribunal today.
If this is yet another pair of match officials found lying to our manager then what are we doing cutting any deal with them.
I can only hope the truth comes out, but these two should never again officiate at a match where the result of that match affects Celtic.
P.S. Not only does Neil risk life and limb for our club, he also risks his sanity.
He deserves 100% support from each and every one of us and we should be proud that he leads our club.
One Neil Lennon
Celtic stating they are happy confuses me,we have them dead to rights,lying again,linesman to Ref,and fourth official.
Unless we have been given assurances re the next NL case and the Newco saga,then I’m afraid as a Club we are easily pleased.
I would have preferred we forget the potential ( if they exist ) assurances and go for dismissal of the officials involved plus request comparison justifications vs other mgrs for similar offences.
Too placatory for me.
A grubby, stinking deal has been cut here, and the club has signed up to it.
So two PROVEN LIARS are keeping their posts. To influence other Celtic related matches. “”We can confirm that we are satisfied with the fairness and spirit of the hearing today …”
OH REALLY? So people get to TELL LIES about Neil Lennon and Celtic talk about “fairness and spirit” of the hearing?
EXCUSE ME?
What planet are we on here? What the Hell just happened?
You know what? Next time these people engage in cheating, the next time a 80/20 decision goes WILDLY against us, I will blame some of the people inside our club for allowing these people to stay in post.
SHOCKING CELTIC. ABSOLUTELY SHOCKING.
I agree with those unhappy about Celtic’s official reaction. Maybe they’re waiting to see the outcome of the other tribunal. So far as has been made publicly known, there is no proof that Brines and Murray lied, at least as far as the tribunal is concerned. If this has been proved, Celtic CANNOT let the matter rest. Sacking them both is just the starting point. I would demand serious financial compensation for being cheated by those same officials. That surely would be the SFA’s punishment, as they provide the officials.
I wonder if part of the horse trading today might have involved any charges that are still in the pipeline.
Chris1888, congrats. Hope all are healthy and well. TnT, congrats to you also.
Off to watch Lisbon’s green and white for a while. Wife out and watching live footbal has a wonderful soporific effect on the daughter.
Somewhat taken aback by the Celtic press release. . .
S
Let’s not be too hasty here. We don’t know why, or indeed if our board ‘let them off’.
Celtic should have kept quiet…
after all they have said nothing for the last few months…
Keith Jackson – please save us. (I know he was 3rd-personing)
Luke Shanley on SSN – ‘hopefully we will have an announcement on a preferred bidder tomorrow’.
They just wouldn’t let it lie, would they?
Tims in Ohio..
he is a friend on my FB…
Is that the Portugese Brigade I can hear?
Lisbon’s green and white.
Jobo
BT, cheers. Chris1888 used to be a regular poster, no?
Just think the retirement age for referees has been cancelled, now we can have Brines, Collum, Murray, O’Reilly for a lot longer. Remember always they will be measured on :-
– their fitness
– their ratings
– their ability to give penalties to Rangers ( or any other Newco)
– their ability to send off Celtic players in big games, Ibrox, Tynecastle are marked highly.
– their ability to lie and make major mistakes when reporting on any game involving Celtic
A spokesperson for Celtic added: “We can confirm that we are satisfied with the fairness and spirit of the hearing today and that no appeal will be made against the findings or sanctions.”
I think a deal has been done, that’s twice SFA officials have been caught lying and cheating now.
Celtic will i’m sure have other evidence of their bias and the SFA may or may not have knowledge of such.
As some of you Bhoys keep saying; Celtic are keeping their powder dry whilst any attempt to besmirch our good name and reputation will be opposed.
No More
JD
jobo
how many different songs so far?
Estadio on 19 April, 2012 at 20:08 said:
If this were Facebook I would like that. I lived not too far from there and love the idea that you can still see him coming and going.
Tims
yip…
very bemused by our official reaction here, hoever we have not seen or heard any concrete evidence of lying. I too think there is more to come and so far by saying next to nothing, our club is not playing the game too badly.
Do I think they lied ? probably but what I think does not matter. Keep playing the long game is the correct way.
If any of the lying cheating MIB’s ….. ever… ever are involved in any game that has an affect on CFC then the whole game of Scottish football is a bogey, if I was a bookmaker I would refuse bets on Scottish football, its fraudulent and there’s a cost to pay for cheating if its deliberate.
Auldheid good post but this will only work with a clear out first, I’m too angry to be posting night all.
V
Neil gets a 2 game ban,cqn goes into melt down. Paul67 ffs give me dermot desmonds phone number. I will never renew my season book.
http://www.thescottishsun.co.uk/scotsol/homepage/sport/spl/4226420/Calum-Murray-Neil-Lennon-told-me-to-get-a-grip.html
I hope Celtic are ready to take this rag to task over this scurrilous reporting and in addition ask them to name the rngers backroom staff who were prepared to back this up. (Bet none of them were in attendance today, surprise, surprise)
BT –
more than Chelsea had last night.
Jobo
I wouldn’t read too far into that statement.
In the interest of clarity.
Although Murray and Brines are being reported frequently, earlier reports suggested the source of the ” 4 times swearing” was linesman Conquer so he should also be in the departure lounge.
Just thinking…
All the “tweets” state the the SFA cut a deal with Celtic.
The 2 match ban and no public outcry would have been what they got, no?
What did Celtic get?
Quick post.
Your chance to support Lenny on Sunday in the face of liars and cheats!!
I STILL have a spare ticket for Fir Park this weekend.
South stand £25
Jobo
can’t hear coz I muted sniffling little prat Nevlin
From the News At Ten link.
Mark Dingwall is fat, bald and speaks like he thinks he’s a lady.
He reminds me of Alexi Sayle, except less funny and more poofy.
Latest from D&P
“Administrators’ Statement
Thu, Apr 19, 2012
Duff & Phelps, the administrators of Rangers Football Club, issued the following statement tonight.
David Whitehouse, joint administrator, said: “We have had a series of constructive discussions with bidders. We have made it crystal clear to them all that to announce a preferred bidder we need definitive, unconditional bids on the table.
“It is also important to let fans know that at this stage there is a world of difference between people indicating their intentions – even though they are well meaning – and putting them in black and white.
“We understand there are complex issues for bidders to deal with and we do not doubt that all parties want to attain control of the football club. We understand also that those interested in buying the Club are working hard to resolve all outstanding issues.
“We are continuing to make representations to all stakeholder groups – including the football authorities – to give clarity on outstanding issues which will help existing bids move to unconditional status.”
Unconditional bids with still so many unknowns is madness!
The earliest they will get any clarification from the SPL is 30 April, and I’m sure the SFA will not be in a position to give any cast iron guarantees even then.
What about the outcome of the BTC?
The panic coming from the Double Ds is palpable, and they know that if they can get a PB on board, they can continue to hold out some hope of a CVA, and delay the inevitable for a short time.
What what good that will do I am not sure possibly Paul67 can fathom it out?
Love that story Estadio.
I think the club have won another tactical battle with the SFA; More bargaining power, the dossier must be bulging now. The war continues.
RRC: on 19 April, 2012 at 20:30 said
Exactly!