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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Serenity – without doubt your best yet. Bravo.
THE ORIGINAL SADIES BHOY 1006
Cheers,mate.
I remembered the comment was from a show reviewing new releases in the 60s,but couldnae remember the name of the show,or the lass whose catchphrase it was. Also,I was unsure whether it was marked out of five or ten!
But then,I’m only 25,so I have an excuse!
25? pmsl…..
Watched SSN a wee while ago and Stuart Dougal, Dougal was on being very placatory towards Lenny. I smell a rat. ‘Maybe the SFA need to think of a different way rather than a 2-4-6 match ban which doesn’t seem to be working’.
Sky hardly applied any analytical skills when asking about the ban or the reason for the non-ban after the Ibrox game.
Which brings me to Graham Spiers’ tweet last night. He tweeted in the hours following news of the ban and tried to come across in a jokey blokey manner- length of ban seemed fair, Lenny a good bloke, doesn’t buy his pint etc.
I was surprised by that mild reaction. Compare and contrast to Mark Guidi on SSB. Guidi stated that there must have been something wrong about the reports from the ref and 4th official. They now need to be investigated. I would have expected any neutral, dispassionate journalist to be thinking the same as MAark Guidi but Spiers tweet tells you that for him at least this matter is now dead and buried. He isn’t going to apply any of his brain cells to consider why such a surprising outcome came about over the Ibrox game.
All previous form from the SFA was thrown out of the window with their Ibrox verdict. Here we had a match referee and a 4th official aligned againdt the Celtic manager. The match official ordered the Celtic manager to the stand for the whole of the second half of the game and deprived Celtic of his services during that period in a Championship decider. The SFA do nothing about it to back their men!!! And Graham Spiers thinks that this is only worthy of a lightweight joke and no expression of astonishment. He doesn’t think for one moment that there is an underlying reason for the SFA to throw the form book out of the window and do nothing????
What colour is the sky in the planet that Graham Spiers lives on?
Celticinthesun
You forgot about the attempt to force his car off the road.
BlantyreKev @ 9.40
tywists n turns @ 9.44
2 absolutely fantastic posts. Glad of such folk on here that can sum up my feelings better than I ever could. Apart from the weather, obviously.
Back to work…
Jobo
BMCUW
25?
Whit? Can I assume you are not counting the years you went to school? Or, were you born on Feb 29th?
25 indeed……make ye sick so it wid……
Kit
Aye….good point. Not exactly the cast of Jokers Wild are they?
(that’s me showing my age again)
Im astonished that anyone could even consider any bias at all in relation to Calum Murray or Ian Brines dealings with Neil Lennon.
Mr Murray was so taken aback at the verbal “outburst” from Neil Lennon that he felt he had to act, of course he did, pity he never acted in the same lines when he was verbally abused by Diouf at celtic park or for that matter when he was physically restrained by Bougherra, strange how the body reacts to different situations eh,
I ask you to look at footage of the infamous Neil versus sally verbal at Celtic Park, on separating the heavyweight and neil, Mr Brines ensures sally is okay and then practically forces his way through the others in attendance to get closer to Neil Lennon, now perhaps as a serving Police Officer Mr Brines was actually looking to ensure both parties were physically okay, the facial expression tells me something different, again perhaps im just being picky here, its not as if as the 4th official at the Ibrox game Mr Brines went into the Celtic technical area and waved his finger in Neil Lennons face like some naughty schoolbhoy.
Nah its just me.
Watch both incidents again.
To top it off I sit next to the father of an asst ref at Celtic Park, he told me one day “Big Brines may be an arse but hes a Celtic Supporter”
My reply couldnt possibly be posted before the water shed.
BOBBY MURDOCH’S CURLED-UP WINKLEPICKERS on 20 April, 2012 at 10:19 said:
Janis Nicholls had been a member of the audience during one show and as I remember she was invited to join the jury during the programme. Her phrase in that heavy Birmingham accent, “I’ll boiy it and I’ll give it foive” during the programme was a hit with the viewers and she became a huge hit with the viewers and a permanent feature of the show.
Celticinthesun,
Your forgetting the disgraceful “media blackout” during Neil’s security nightmares, the miserable excuse, this silence was needed for “investigations”, when its become quite clear it was enforced to cover up the shameful institutionalised sectarian racism practised in scotland.
I know this to be true simply because whilst working in London at the time when this story broke the world took notice.
Ask yourself one simple question, if a bomb was sent to waldo, do you think there would have been a media blackout ?
Twist n turns,
“a fracas ensued”.
Great post in reply to the soon to be extinct troll.
Graham Spiers is almost likable…… however I agree about his tweet last night, I was cringing when i read it. I think he used to write for the Times ( correct me if i’m wrong ) but his career path took a turn for the worse and in a dr faust sort of way he ended up with eternal life in the MSM but his soul and his integrity lost forever……shame that really.
Mark Guidi = grima wormtongue.
HAMILTON TIMand TWISTS N TURNS
I think you’re being really unkind to me. I wasn’t talking about my age.
http://en.wikipedia.org/wiki/Intelligence_quotient
Aye, remember the SFA make full use of their brothers in the PR business – and a certain Dawyll Broadsnout has taken great glee in diverting attention away from a crooked and utter failure of an organisation onto Celtic and Lenny.
This week has been further proof of that, and Britney will be well aware of it.
As for Dougall, it’s no secret that Gallus’ best pal has a certain distaste for any of the red-headed Celtic managers. Though I doubt it’s their hair-colour that’s the issue.
TheOriginalSadiesBhoy @ 10:21,
”I was surprised by that [Graham Spiers’] mild reaction. Compare and contrast to Mark Guidi on SSB. Guidi stated that there must have been something wrong about the reports from the ref and 4th official. They now need to be investigated…..”
Interesting that it was Mark Guidi who did the Steven Craven exclusive after Dougie Dougie debacle, maybe he has a greater understanding of the machinations of the MIBs.
Hail! Hail!
Is stuart dougal a proven liar ??
alex thomson @alextomo
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Che on 20 April, 2012 at 10:25 said:
To top it off I sit next to the father of an asst ref at Celtic Park, he told me one day “Big Brines may be an arse but hes a Celtic Supporter”
My reply couldnt possibly be posted before the water shed.
——————————
ach go on,there’s hardly anybody on the blog, gies a laugh.
alex thomson @alextomo Reply Retweet Favorite · Open
Bahrain – where money and cynicism trump morality in sport – remind you of anywhere else?
Retweeted by Phil MacGiollaBhain
Found one comment by Guidi on SSB intriguing last night. – in addition to him stating very clearly there needs to be an investigation into the whole Brines / Murray affair.
He claimed the SFA will be happy with the 2 match ban because next time Neil is up they can give him a bigger ban as a result of them having been able to find him guilty on this one. Very sinister but not at all surprising.
To use a Gallowayism
The sfa and rangers are two cheeks of the same …. :o)
So … is the deadline for the preferred bidder to be announced today? Will it be delayed? Will the conditions attached to the conditional bids be acceptable? Or will they all walk away?
Look out for the next episode of Scotland’s funniest soap opera, coming soon.
pedrocaravanachio67 on 20 April, 2012 at 10:39 said:
I would but the Mods are everywhere,
well apart from one recent grandad who is now by definition an ageing rocker
canamalar
He was wheeled out during the made-uppy stuff about death threats made to Steven Craven I think I recall…which after the denial that there was any truth in this by Steven Craven, oddly it then transpired it was our favourite wee Willie Gollum who was getting death threats….cue Dougall again. Gallus’ best buddy and wee personal spokesman.
The SFA, rankers and the meeja are three cheeks of the same arse.
FFM,
So why would sky be paying for a liars opinion ?
Is still bring recommended by the sfa as a spokesman ???
Bert Weedon RIP.
I dug out the -Bert Weedon Remembers Jim Reeves LP and gave it a spin .. He could sure play the guitar
Possibly the only UK guitarist to receive a heart felt tribute from Basil Brush on This is Your Life .[ I am open to correction.]
Play in a Day CSC [ though in my case it was months ] -way down south.
“It isnt personal.”
We’ve had two referees on this week to tell us so.
Which would lead any sane person to conclude that it very much IS personal.
Well done, Lenny, keep exposing them.
Bobby Murdoch’s ……@ 10.19,
The show was Juke Box Jury – but then, I’m old enough to remember The Goons (like South of Tunis).
FFM,
I was thinking more along the lines of Total Recall for that trio
then three breested hooker :o)
gordon j
Look out for the next episode of Scotland’s funniest soap opera, coming soon.
it could be called: govan way
Johnny beattie could play wattie
shell suit bob could play sally
the wee guy on the bridge playing banjo in the deliverance could be durranty
victor and barry could be duff and duffer
and peter lorre would the MBB
Scotland’s funniest soap opera, heading for Fairy Liquidation?
Ole Bert Weedon lived to be 92, that’s a lot of days to play in.
Greenjedi
Didn’t know about the car nearly forced off the road.
It’s because he “snarls”.
Scotland hates snarls and wish all the snarls had died in the potato famine.
Or at least didn’t compromise the “integrity” of Scotland by living in Glasgow.
Their use of the word integrity is clear. Neil is a visible and succesful challenge to this integrity.
Truth
You are not fit to undo the straps of Declan’s wellies.
Apparently Bill Miller is now the favourite. Wasn’t it Bill Ng? Or the Blue Knights?
Is it a case of last man standing gets them?
And as I depart the blog for a while to do my other job-quality control manager in the local boozer,I leave you with this wee poser.
Why have MERCHANT HOUSE GROUP today requested that their shares be suspended by AIM?
canamalar
That’s the big question isn’t it.
I’m thinking it’s PR companies who recommend these “spokespeople”, namely the PR company representing the SFA.
Regarding Total Recall, I’m thinkin Dawyll, Shug and Stuart are three boobs of the same chest :)