Rangers' tax bill is £6m higher than previously thought

[gunslinger 270]

so why pay the VAT and not the older bill, is it not better to close an old account than to keep it open, especially as it must be accruing interest and penalties

no idea ask boss. mind you he told us the 4.4 million was part of the 9 million.

[Davie2909 21]

Fuck sake this shit just keeps piling up doesn't it? Whyte has got a hell of a lot to answer for IMO. He better not step foot back in Ibrox

[GMac 1,405]

can someone work this out

according to the BBC there (im not doubting it or defendibng whyte) they said that the money that HMRC got ringfenced for the wee tax case was used to clear the VAT bill owed on the ticketus deal

how is that allowed, i thought ring fenced money meant it cant be touched by anyone, how then could HMRC use it to pay a different bill

thats like your bank going into your account to pay a debt on another account you have with them, is that not illegal?

According to the BBC CW took the £4.1 million and used it to pay his VAT bill re ticketus deal. I don't know how this is possible if its frozen.

http://www.bbc.co.uk/news/uk-scotland-17146506

[TheLawMan 6,240]

I'm starting to think that Craig Whyte isn't all he appears to be.

[Jimfanciesthedude 24,552]

According to the BBC CW took the £4.1 million and used it to pay his VAT bill re ticketus deal. I don't know how this is possible if its frozen.

http://www.bbc.co.uk...otland-17146506

i thought the BBC said that HMRC took the frozen money and paid this years VAT bill from ticketus

[Jimfanciesthedude 24,552]

another thing

if we didnt see any of the ticketus cash, i.e none of it ever made it too the rangers accounts, how then do we have to use rangers funds to pay the VAT bill

surely it isnt the clubs VAT bill until the club gets the money

[marmalade1872 40]

the wee bastard would have stole the pennies off a deid man eyes

[GMac 1,405]

another thing

if we didnt see any of the ticketus cash, i.e none of it ever made it too the rangers accounts, how then do we have to use rangers funds to pay the VAT bill

surely it isnt the clubs VAT bill until the club gets the money

But thats why i'm confused, I don't see how HMRC could take money out of Rangers account and pay off Craig Whytes VAT bill.Thats why I think Whyte has taken the money, maybe as preferred creditor. I would call it plain theft if thats the case.

[gunslinger 270]

another thing

if we didnt see any of the ticketus cash, i.e none of it ever made it too the rangers accounts, how then do we have to use rangers funds to pay the VAT bill

surely it isnt the clubs VAT bill until the club gets the money

its rangers tickets. so rangers vat.

[marmalade1872 40]

there was a letter today in a certain scottish newspaper about the ticketus season tickets and thw writer said dont buy a season ticket just pay at the door might be just the ticket eh

[Gash07 26]

It's ok. Whyte is coming back to finish what he started.

Phew, that's a relief.

[Guardian 4,281]

to replace it with 27 million to ticketus and 15 million to the tax man with no catering income. etc.

masterplan.

We also owe him £20m odd.

[gunslinger 270]

We also owe him £20m odd.

good point.

but as long as we get rid of the big tax case everythings fine apparently.

[gary2006 123]

We also owe him £20m odd.

it really is staggering what this guy had planned for us i would like to know what his plans are for murray park and ibrox

[caseyjones 3,009]

We also owe him £20m odd.

He can come and pick it up personally at a match of his choice.

[TheBluebells 6,898]

Fuck sake this shit just keeps piling up doesn't it? Whyte has got a hell of a lot to answer for IMO. He better not step foot back in Ibrox

Looks like it's going to get worse, news wise anyway, who knows what else will be revealed?

He won't be back, he's in hiding hoping this works out and he can fuck off with the money by the looks of it.

Im still confused as to why he appointed the admin staff if they are uncovering all this bad press towards him, he's either naive or simply doesn't give a fuck.

[Jimfanciesthedude 24,552]

its rangers tickets. so rangers vat.

surely its the person receiving the money that pays the VAT, i know its our tickets but unless we get the cash from the transaction then surely we shouldnt be billed for VAT

[GMac 1,405]

it really is staggering what this guy had planned for us i would like to know what his plans are for murray park and ibrox

If they haven't already been mortgaged

[gunslinger 270]

surely its the person receiving the money that pays the VAT, i know its our tickets but unless we get the cash from the transaction then surely we shouldnt be billed for VAT

seller is liable for vat.

mind you seller normaly get the cash.

unless your owned by a spiv.

[pye1965 26]

The way things are going we will probably find out tomorrow that weve signed Grease (the country) on a 50year contract.

[gunslinger 270]

The way things are going we will probably find out tomorrow that weve signed Grease (the country) on a 50year contract.

if we spell it like that a good lawyer will get us out of the contract.

[dan_ger 1,454]

Just gets worse and worse!

[MrSifter 181]

Assuming all these tax stories are true...

How did Whyte not pay any PAYE? Surely the club has an accounts dept and all this is automated? These processes should've been in place and predated him.

There's obviously been no corporate governance.

[hemdale1873 167]

Im still confused as to why he appointed the admin staff if they are uncovering all this bad press towards him, he's either naive or simply doesn't give a fuck.

That does seem a really strange thing to do?

Why waste the time and money taking on Hmrc in court to see who would be appointed to run Rangers admin as no matter who it was all this would have come out anyway.

The guy gets more bewildering by the minute.

[TheBluebells 6,898]

That does seem a really strange thing to do?

Why waste the time and money taking on Hmrc in court to see who would be appointed to run Rangers admin as no matter who it was all this would have come out anyway.

The guy gets more bewildering by the minute.

It doesn't make sense to me mate, i really don't understand it.

Was he hoping if he fought for his own admin we would believe him over the admin staff? We would think all this was for the greater good of Rangers because he appointed them?

Like i said i can't understand it.