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Time For The Board To Take On The Enemy


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My understanding is that a tax planning scheme is only illegal if it constitutes a deliberate evasion of tax. There has to be intent for it to be illegal (such as deliberately under declaring your profits).

A tax avoidance scheme which is incorrectly administered does not automatically become evasion and therefore does not become illegal. The proof of this is whether or not there is criminal repercussions for the perpetrator. In the case of incorrectly administered EBTs there is only interest and late payment penalties.

The Rangers EBT scheme is therefore not illegal and is at worst an incorrectly handled case of legal avoidance. This makes the effective tax repayable with costs but does not create a criminal of anyone therefore it is not illegal.

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How many times must it be pointed out that EBT's were and are not illegal, they were operated incorrectly.

Illegality implies crime, no crime was committed, if there was it would be jail time and not money HMRC would be looking for.

HMRC only ever pursue criminal charges in a tiny proportion of cases, even in those where criminality is present.

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The RTC blog has been deleting tweets all day as they continue to make a cunt of themselves.

3dcva.jpg

Ha ha, haven't we all done that at sometime? Wrote something, not for publication, then hit the wrong button, and published it anyway? This BTC cunt is a fucking moron, he could have come out with a better lie than that pish. Although seeing some of the shite he's wrote before, maybe I'm wanting a bit too much from him?
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As has already been pointed out, nothing illegal was ever done in regards to the EBT scheme. At this time it has been determined that it was not administered correctly therefore a tax bill should have been due. EBT is a tax avoidance scheme which is not illegal. Tax evasion IS illegal. Tax evasion is where you deliberately lie about your earnings to avoid tax.

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As has already been pointed out, nothing illegal was ever done in regards to the EBT scheme. At this time it has been determined that it was not administered correctly therefore a tax bill should have been due. EBT is a tax avoidance scheme which is not illegal. Tax evasion IS illegal. Tax evasion is where you deliberately lie about your earnings to avoid tax.

The line between 'not administering a scheme correctly' and 'lying to make your tax bill smaller' isn't always particularly clear.

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