HEART OF MIDLOTHIAN football club is facing fresh court action over unpaid tax.
HM Revenue and Customs (HMRC) has given the Edinburgh club eight days to pay a tax bill or face administration.
It is the fifth time in recent years the club has faced legal action over unpaid tax, the BBC reported.
Late last year, Hearts was forced to pay about £500,000 to ward off a winding-up order over an outstanding tax bill.
The club had similar winding up orders served against it in 2009 and November 2010 over unpaid tax to HMRC.
Both of these were settled after the club paid the bills.
In a statement given to the BBC, Hearts said: "The club is aware of the notice placed in a newspaper relating to an earlier petition presented to the Court of Session.
"We are confident, however, that the relevant matter involving HMRC will be resolved in the very near future and no action as specified in the public notice will be necessary."
You may also like
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.