rangersxfc 265 Posted June 19, 2012 Share Posted June 19, 2012 Celtic plcAnnual ReportYear Ended30 June 2006The Celtic plc Employee Benefit Trust was established during 2005 to provide benefits to certain employees,former employees or their families or any charity. Payments to the Trust are charged to the Group Profit andLoss Account in the year incurred.think its about time the SFA call for a investigation into every member clubs finances Quote Link to post Share on other sites More sharing options...
Smile 26,592 Posted June 19, 2012 Share Posted June 19, 2012 Not going to happen as that would mean Riley their Finance man would be fucked off the SPL and Sfa board along with Liewell. Quote Link to post Share on other sites More sharing options...
North Rd 2,860 Posted June 19, 2012 Share Posted June 19, 2012 Im sure they ditched it that same year. Quote Link to post Share on other sites More sharing options...
Sweeney 241 Posted June 19, 2012 Share Posted June 19, 2012 Is this the same as ours? I had a quick google and saw some of the unwashed justifying this by saying it was a one off payment at the end of Juninhos contract. Of course everything they say will have a green tint on it hence me looking for clarification. From a legal stabdpoint, what was the difference, if there was one? Quote Link to post Share on other sites More sharing options...
j1mgg 3,766 Posted June 19, 2012 Share Posted June 19, 2012 Is this the same as ours? I had a quick google and saw some of the unwashed justifying this by saying it was a one off payment at the end of Juninhos contract. Of course everything they say will have a green tint on it hence me looking for clarification. From a legal stabdpoint, what was the difference, if there was one?surely it doesnt matter if it was used once or a hundred times, it was still used.Will we be investigating image rights aswell? Quote Link to post Share on other sites More sharing options...
rangersxfc 265 Posted June 19, 2012 Author Share Posted June 19, 2012 Is this the same as ours? I had a quick google and saw some of the unwashed justifying this by saying it was a one off payment at the end of Juninhos contract. Of course everything they say will have a green tint on it hence me looking for clarification. From a legal stabdpoint, what was the difference, if there was one?all EBT'S are a one off payments juninhos was worth £765,000 also celtic confirmed they did not declare the ebt to the SFA or the scottish premier league .......undeclared payments are what our media like to call dual contract Quote Link to post Share on other sites More sharing options...
Smile 26,592 Posted June 19, 2012 Share Posted June 19, 2012 Celtics may not have a case to answer as their EBT were different.ExtraBenefitsTampering Quote Link to post Share on other sites More sharing options...
jonbryce 63 Posted June 19, 2012 Share Posted June 19, 2012 Celtic plcAnnual ReportYear Ended30 June 2006The Celtic plc Employee Benefit Trust was established during 2005 to provide benefits to certain employees,former employees or their families or any charity. Payments to the Trust are charged to the Group Profit andLoss Account in the year incurred.think its about time the SFA call for a investigation into every member clubs financesIt is very interesting that they charged the payments to the profit and loss account. While HMRC have not been successful in getting the payments taxed on the employees who receive the money where the scheme was done properly, they have been successful in getting them disallowed for corporation tax purposes in the company accounts. Only problem is that if they haven't raised an enquiry into the return, they can't do it now because they are out of time. The only way they could get them is if they had a similar EBT in the most recent set of accounts, and there was something wrong with that tax return. They they can go back to previous years. Quote Link to post Share on other sites More sharing options...
rangersxfc 265 Posted June 19, 2012 Author Share Posted June 19, 2012 It is very interesting that they charged the payments to the profit and loss account. While HMRC have not been successful in getting the payments taxed on the employees who receive the money where the scheme was done properly, they have been successful in getting them disallowed for corporation tax purposes in the company accounts. Only problem is that if they haven't raised an enquiry into the return, they can't do it now because they are out of time. The only way they could get them is if they had a similar EBT in the most recent set of accounts, and there was something wrong with that tax return. They they can go back to previous years.celtic already done a deal with HMRC that the club and some parts of the media covered up and the man who overseen this is nowtop dog at the SFA that can veto any investigation into his club if thats not a conflict of interest what is Quote Link to post Share on other sites More sharing options...
Redsox1 1,361 Posted June 19, 2012 Share Posted June 19, 2012 It should be all about if you used them or not. Rangers never used them knowingly that they were illegal or wrong. How could they as to date they aren`t illegal or wrong. Quote Link to post Share on other sites More sharing options...
debear 603 Posted June 19, 2012 Share Posted June 19, 2012 It should be all about if you used them or not. Rangers never used them knowingly that they were illegal or wrong. How could they as to date they aren`t illegal or wrong.Yes, to the tax man.To the SFA, its about how they were used. If it was a double contract. There are 2 different things that folk are mixing up. Quote Link to post Share on other sites More sharing options...
dummiesoot 15,965 Posted June 19, 2012 Share Posted June 19, 2012 Yes, to the tax man.To the SFA, its about how they were used. If it was a double contract. There are 2 different things that folk are mixing up.The hmrc issue was raised because they believe we had written contracts with ebt in them it is the same thing. The same thing the sellik lawyers have decided we have a case to answer after one weeks research of docs that fttt have struggled to determine after months go figure Quote Link to post Share on other sites More sharing options...
rangersxfc 265 Posted June 19, 2012 Author Share Posted June 19, 2012 The hmrc issue was raised because they believe we had written contracts with ebt in them it is the same thing. The same thing the sellik lawyers have decided we have a case to answer after one weeks research of docs that fttt have struggled to determine after months go figurespot on Quote Link to post Share on other sites More sharing options...
Sore Heid Bear 85 Posted June 19, 2012 Share Posted June 19, 2012 Juninho aside, I don't think the unwashed did EBTs for players. I looked into it (about a year ago, for 5 minutes) and it looked like they were for non-playing staff only. Delighted to be proved wrong though. Quote Link to post Share on other sites More sharing options...
rangersxfc 265 Posted June 19, 2012 Author Share Posted June 19, 2012 Juninho aside, I don't think the unwashed did EBTs for players. I looked into it (about a year ago, for 5 minutes) and it looked like they were for non-playing staff only. Delighted to be proved wrong though.why did they not tell the spl then Quote Link to post Share on other sites More sharing options...
Chef 436 Posted June 19, 2012 Share Posted June 19, 2012 Juninho aside, I don't think the unwashed did EBTs for players. I looked into it (about a year ago, for 5 minutes) and it looked like they were for non-playing staff only. Delighted to be proved wrong though.five minutes for a conclusion, you should be a detective Quote Link to post Share on other sites More sharing options...
ace1 49 Posted June 19, 2012 Share Posted June 19, 2012 five minutes for a conclusion, you should be a detectiveOr work for the BBC! Quote Link to post Share on other sites More sharing options...
WilliamFyfe 1,438 Posted June 19, 2012 Share Posted June 19, 2012 No point nip picking. They'll never investigate the rest of the SPL Quote Link to post Share on other sites More sharing options...
rangers_1993 68 Posted June 19, 2012 Share Posted June 19, 2012 Tims have started rumours saying that at least 2 Scottish referees were in receipt of payments through EBT's from rangers Quote Link to post Share on other sites More sharing options...
delparlane 5,554 Posted June 20, 2012 Share Posted June 20, 2012 Tims have started rumours saying that at least 2 Scottish referees were in receipt of payments through EBT's from rangers There are no depths those venomous half-wits won't sink to. Quote Link to post Share on other sites More sharing options...
Smile 26,592 Posted June 20, 2012 Share Posted June 20, 2012 Juninho aside, I don't think the unwashed did EBTs for players. I looked into it (about a year ago, for 5 minutes) and it looked like they were for non-playing staff only. Delighted to be proved wrong though.Stay under the radar ffs.They aren't getting any Brighter. Quote Link to post Share on other sites More sharing options...
Weird_Beard 99 Posted June 20, 2012 Share Posted June 20, 2012 EBT's aren't illegal! Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.