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    TaxCorporate TaxRangers FC warned of sanctions for unpaid tax

    Rangers FC warned of sanctions for unpaid tax

    HMRC officials visit Scottish football club over £2.8m tax bill

    Author Writer Date published September 2, 2011 Categories

    SCOTTISH football club Rangers FC was once again visited by HM Revenue & Customs officials regarding its £2.8m tax bill.

    HMRC representatives informed the club of possible sanctions if the bill was not settled, including freezing the club’s assets. Rangers FC is contesting a fine, which was imposed on top of the amount owed, the Scotsman reports.

    The club is still involved in disputes regarding the use of Employee Benefits Trusts, which have since been targeted by disguised remuneration legislation.
    “The club is raging that it is being put in a position to explain tax business in public because of leaks from HMRC,” said a club source.

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