Rangers’ tax issue: bringing light to the darkness
This blog will provide details on Rangers FC’s appeals against tax bills which the club has received for underpayment of tax going back to 2001. The case centers around what HMRC believes is the illegal use of Employee Benefit Trusts (EBTs) to avoid paying PAYE and National Insurance Contributions on payments made to players and members of the board of directors.
My motivation to write is born out of the willful ignorance of the Scottish media on this story. While they reprint unbelievable PR fiction related to Rangers as news, Scotland’s Fourth Estate has gone to great efforts to ignore the tax story. It is true that no one at Rangers is likely to be faxing this story to their pet journalists, so investigating this story would require more work than normal, but the story is there for the taking.
In the coming weeks, I will be:
- Explaining what Rangers have been accused of doing
- Exploding many of the myths and falsehoods printed in the Scottish media
- Revealing why HMRC feel so confident about this case
- Discussing the implications of HMRC winning the case on Rangers FC
I will declare at the outset that I am a Celtic supporter. However, this blog will endeavour to be dispassionate and factual. Where I am speculating, I will say so. When I am stating facts, it will also be clear. Not all of the implications of this case are negative for Rangers FC, and these will be discussed in as much depth as the other outcomes.
Hopefully, this blog can help shed some light on the most important issue facing Scottish football currently and can help be a clearing-house to dispel the many myths which will likely grow exponentially as the First Tier Tribunal resumes.