FIVE points have been deducted from Scottish Championship side Livingston FC after its failure to pay tax on player bonuses during the 2010/11 season.
The club also admitted failing to notify the Scottish Professional Football League (SPFL) that it was in default on its tax obligations at the time, meaning it was able to register players when it should not have been able to. As a result, it has been fined £10,000 by the league.
SPFL chief executive Neil Doncaster said: “The tax default and reporting rules are an integral part of maintaining a fair league competition.”
Livingston are bottom of the Scottish Championship, with two wins and three draws from 14 games.
Livingston chairman Gordon McDougall told BBC Scotland: “The club are working with their accountants and HMRC to establish exactly how much tax is due to be paid.
“This matter was the subject of a voluntary declaration by the club. We will be making no further comment on the situation.”
The club changed its name from Meadowbank Thistle in 1995 when it moved to West Lothian.
It won a place in the UEFA Cup in 2002, but has endured two spells in administration – first in 2004/05 and again in 2009.
Lord Howard Leigh of Hurley discusses the government’s initiatives to mitigate tax avoidance and evasion
Top 50+50: Demand for tax advisory services remains high, but fee pressure is expected in relation to compliance services
The demand for tax advisory services remains high and this looks to continue; but fee pressure is expected in relation to compliance services as the “Making Tax Digital” initiative is rolled out,
While some resistance to change is to be expected, the degree of controversy surrounding HMRC's Making Tax Digital proposals has surprised the government
Kevin Reed discusses the worrying findings from HMRC on micro-businesses' problems handling Real-Time Information, and the latest thoughts on how accountants can provide value-added services