Cardiff City faces second-round clash with HMRC

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

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

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In 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 resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article