Quote:
Originally Posted by West Ender
The Revenue usually accomodates, to some degree, debtors who don't wait to be chased before asking for time to pay. Did someone mention that this was tax and NIC that was not paid over when due? In other words, was this PAYE tax due on players' wages under a previous régime?
What HMRC will not tolerate is default on an existing arrangement and, when time to pay is granted, that is made very clear to the debtor. If he defaults, the whole amount becomes due immediately. I know absolutely nothing about this case but, from what I've read here, I'm guessing that's what happened. It's a shame for the club and I hope they can resolve it without going out of business again.
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That learn'ed observation is spot on.
Someone, somewhere is not telling the absolute truth.
Is the club insolvent or not?
Can the liabilities be met by the current disposable assets?
The money is owed and due. Pray that the Revenue Officer dealing with this case knows that there are many people out there who would not wish Accrington Stanley to go under.