Rangers Tax Case Mr Red in hot water

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The Tax Disciplinary Panel have received a complained from TaxWatch about the conduct of a tax advisor to Rangers Football Club (now in liquidation), who was named in the findings in Murray Group Holdings v HMRC case – The Big Tax Case.  The published report anonymised names, identifying “Mr Red” as a Chartered Tax Advisor and former Inspector of Taxes.

In 2017, long after the club went into liquidation, the Supreme Court found that Rangers’ Employee Benefit Trusts were disguised renumeration and that tax should have been paid on them.

As TaxWatch report:

“In her dissenting judgment, Dr Heidi Poon records how Mr Red wrote to HMRC denying the existence of documents that HMRC had requested under the a statutory request for information, writing in a letter “your belief in the existence of documents demonstrating how amounts contributed to the Trust are determined is irrational and unfounded. I cannot help with your fantasies and the production of a S20 makes no difference to this”. [1] In fact, the documents did exist and had been uncovered by a City of London Police raid on Ibrox Stadium in connection with an unrelated investigation.

“Concluding, Dr Poon stated that Mr Red’s behaviour went beyond what could be described as “a lack of candour”, she said: “It would be judicial to conclude that it had been obstructive and obscurantist, and there is evidence of active concealment of documents… to describe Mr Red as ‘somewhat defensive’ in giving his sworn testimony would be an understatement. On more than one occasion, Mr Red had attempted to mislead the Tribunal”.”

A lack of disciplinary action by the Chartered Institute of Tax allowed Mr Red to continue working in the field, despite the findings in fact disclosed at the Rangers Tax Case and the Institutes published code of conduct.  That code now seems more if an aspiration than a reuirement.

In raising this complaint to the Tax Disciplinary Board, TaxWatch have highlighted not just the activities of one individual, but the dirty ‘Water some of the country’s largest companies is prepared to swim in.  It also puts in dount the tax industry’s ability to regulate itself.

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  1. melbourne mick

     

     

    Wee Pat switched his allegiances to Hibernian FC some time back, but on occasion he will still sound enthusiastic about the Bhoys. To be fair to both him and James McFadden, both could play a bit, though never for us, (though we could have had the latter for £250,000 before he left Motherwell to head down South) and they do appreciate good football, and at times this season we have played the type of football both aspired to.

     

     

    Hail Hail

  2. lets all do the huddle on

    Are WhatsApp groups classed as secretive ?????

     

    —-

     

     

    WhatsApp is fully encrypted end to end these days so it’s very secretive

     

     

    all the top folk use it these days to plan illegal garden parties and invading Ukraine

     

     

    i use it to arrange my next jar session 😄

  3. GP/LADTH,

     

     

    My mate who is in the tech world and has a firm stance on keeping his data/info secret, has looked into Whatsap and refuses to use it.

     

     

    I think his concern is that it’s owned by Facebook, so it may be difficult for governments, or whoever, to access your info, you can bet that Facebook will be accessing it and trying to figure out how to make money out of you.

     

     

    He favours Signal over all the messaging apps.

  4. Hart, Starfelt, Scales, Bitton, Giakoumakis, Abada, Carter-Vickers, O’Riley, Hatate, Forrest, Ralston.

     

    Subs: Bain, Jullien, Taylor, Soro, McCarthy, Jota, Welsh, Doak, Juranovic

  5. Radio Scotland commentary – “finally” Rangers score! When you are invested in something you use that word “Finally they delivered my package! Finally I got my ticket after a two hour wait. I would think a neutral would use something like “at last” then talk about pressure or “couldn’t hold out” and focus on RC. Finally is the word of choice for those praying!!

  6. I see the young lad Doak is on the bench, he is wanted by a few epl clubs.

     

     

    If he goes that would be about six in the last year.

  7. I was happy to see Brendan back at Celtic Park on Saturday. We were lucky to have him, albeit for such a short time.

     

     

    We were good for each other and he owes us nothing.

     

     

    He ‘swept the boards’ domestically, with an ‘invincible’ thrown in – led us to two Champions League qualifications – was the catalyst for a big upswing in season-ticket numbers – left a legacy of professionalism & momentum within the playing & coaching staff, which resulted in further honours……and even paid back most, if not all, of his Celtic salary with a £9m transfer fee.

     

     

    You are always welcome in my eyes, Brendan. I hope(trust) that I speak for the vast majority of Celtic fans. Had we been plying our trade in the EPL, perhaps he would still be here.

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