aop
ad

HMRC petition winding up of Truro City FC

by Rachael Singh

More from this author

23 Sep 2011

HM REVENUE & CUSTOMS has petitioned to wind up Truro City FC, owned by Kevin Heaney who is leading a consortium to buy collapsed club Plymouth Argyle.

Alleged unpaid taxes have spurred HMRC to make its petition which is due to be heard at the Royal Courts of Justice in London on 13 October, the BBC reports.

A statement from Truro said: "Her Majesty's Revenue & Customs have taken an unduly aggressive approach to a tax liability by issuing a winding-up petition.

"TCFC has previously been in dispute with HMRC over wrongly assessed VAT and this was settled in TCFC's favour."

Plymouth Argyle's administrator Brendan Guilfoyle has not commented on the issue ahead of an announcement about the collapsed club due next week.

Visitor comments Add your comment

display:none

Add your comment

We won't publish your address


By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

Submit

Search thousands of financial jobs:

Information currently unavailable.

Search thousands of financial jobs:

Newsletters

Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials

Careers

Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you

Briefings

Supplier Statement Reconciliations cover

Supplier statement reconciliations: Manual chore or critical value adding process?

By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.

7 Building Blocks cover

7 building blocks for business growth

Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities