Cardiff City faces second-round clash with HMRC
Welsh club faces another battle with the Revenue as another wnding-up order hangs over its head
Welsh club faces another battle with the Revenue as another wnding-up order hangs over its head
Cardiff City is facing the threat of a second winding-up order from the
taxman because of an unpaid tax bill.
After being hit with a petition on 23 December, the Welsh club will face a
winding-up order in the High Court on 10 February if they do not pay up,
walesonline.co.uk
reported.
Cardiff City had a previous winding-up order from HMRC dismissed by the High
Court last month after coming to an agreement with the taxman.
Chairman Peter Ridsdale said in a statement: “In discussions with HMRC at the
end of December 2009, we confirmed that we would pay monies owing to them by the
end of January 2010.
“HMRC booked a backstop date of 10 February 2010 to go back to court if for
any reason we had not been able to fulfil our obligations to pay by the end of
January.
“We have every confidence that all monies owing to HMRC will have been repaid
by the end of January.”
Further reading:
Notts
County faces second winding-up order
Watford
battles to avoid administration
More about:
The numbers you crunch tell a story. Your expertis...
14yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleCompanies will have more trouble raising funds with floating charges as HMRC’s preferential status puts off lenders Read More...
View articleThe Bank’s interest rate cut to 0.25 percent comes amid a list of incentives for SMEs Read More...
View articleHMRC filed 3,484 winding up petitions in 2015, up from the 3,074 applications filed the previous year Read More...
View articleSuggestion R3 has 'rolled over' in face of government pressure is false, incoming president Andrew Tate tells Accountancy Age Read More...
View articleWinding-up order against Montpelier Professional withdrawn, CEO tells Accountancy Age Read More...
View articleBeleaguered Championship football club Bolton Wanderers pays off remaining £2.2m owed to taxman Read More...
View articleSports Shield consortium, fronted by ex-Bolton striker Dean Holdsworth, and Inner Circle, have taken control of Eddie Davies' 94.5% controlling share ...
View articleSolicitors at High Court to run through plans for a buy-out of club by consortium led by former striker Dean Holdsworth Read More...
View article