Where now for the Judicial Panel Protocol?

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Did I hear on the radio today that Salmond and …

Comment on Where now for the Judicial Panel Protocol? by A Expert.

Did I hear on the radio today that Salmond and McColl were best buddies these days. I wonder how much McColl will be asked to donate to the SNP/Independence campaign in return for Alex having put in a word on behalf of Oldco Rangers with HMTC et al?

A Expert Also Commented

Where now for the Judicial Panel Protocol?
If a computer “glitch” did occur during the late registration of Templeton I’m assuming the SFA have verified the existence of a “glitch” before accepting it as valid.

Has anyone asked them?


Where now for the Judicial Panel Protocol?
paulmac says:
September 3, 2012 at 15:24
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I would no sooner trust Salmond to run a bath never mind a country….

It would not surprise me in the slightest if we were to find out that he has actively intervened to a level that does not involve a paper trail…
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I think not leaving a paper trail would be difficult and Salmond is surely savvy enough not to think news of an actual meeting would not leak out.

If he did have discussions with senior officials of HMRC there should be a meeting/telephone note. If not the civil servant will have some difficult questions to answer.


Where now for the Judicial Panel Protocol?
A Expert says:
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September 3, 2012 at 01:24

Scotland Behave says:
September 1, 2012 at 12:29

There is nothing wrong with the game itself in Scotland, nor the players. The game needs more focus on many levels, youth being the priority not foreigners.
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I liked most of the points in your post until you went all xenophobic.

I think the answer is the youth getting a proper chance instead of some of the “senior” players in our game who don’t add much but take too big a slice of the wage bill.

Also this is a repost because instead of slice I said Ch**k in the original. Ludicrous.


Recent Comments by A Expert

Charles Green – What Will Football’s Authorities Do?
easyJambo says:
September 17, 2012 at 01:32ate This

Brendanomally says:
September 16, 2012 at 16:25

…………… As Celtic initiated the TERMINATION of the CONTRACT, they agreed to pay Juninho £750K, Juninho requested the money be deposited into his EBT account, an account he had set-up prior to his arrival at Celtic.
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Factually incorrect Brendan. Please read Celtic’s own accounts for the year to June 2005 which state that contributions of £765K were paid into Celtic’s EBT. It was not an EBT that Juninho’s EBT had brought with him.

It may well be that he previously had an EBT with Middlesborough and that he saw the EBT route as being a tax efficient method of receiving the termination payment from Celtic, but it did not use an account he set up previously.
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Correct – so if Celtic channelled the severance payment through an EBT to make a tax free payment to Juninho it could only have been structured as a loan out of the EBT to him

As to pay it as a bonus or otherwise especially when connected to a contract termination would have made it subject to PAYE. Tax of course was paid THREE YEARS later after HMRC prompting.

Like I said – tax evasion/avoidance.


Charles Green – What Will Football’s Authorities Do?
Brendanomally says:
September 16, 2012 at 16:25

Celtic agreed to pay Juninho £40K per Wk. to play football for them for 3 yrs. Juninho agreed to play football for Celtic for a 3yr period recieving payment of £40K per Wk.

The CONTRACT was duely signed and the footballing authorities were informed of the CONTRACT and the details therein.

However, around 8/9 months in Martin O’Neil decided the player was
no longer to feature in his team. Juninho was informed of this and rather than play 2nd string football agreed to the TERMINATION of his CONTRACT. (CONTRACT, there’s that word again, you’ll also notice the use of the word TERMINATION in that sentence) “…TERMINATION of his CONTRACT.” It was at this point Juninho ceased to be a Celtic player. Celtic were no longer obligated to pay him £40K perWk. The CONTRACT was TERMINATED.
You still with me?
As Celtic initiated the TERMINATION of the CONTRACT, they agreed to pay Juninho £750K, Juninho requested the money be deposited into his EBT account, an account he had set-up prior to his arrival at Celtic.
So the £750K was, as requested deposited in Juninho’s EBT account as a one-off discretionary payment. It DID NOT form part of a CONTRACT!

And that my friend is the difference between Celtic’s “use” of an EBT and Rangers’ abuse of them.
Rangers are under investigation for the use of EBT’s as part of CONTRACTUAL agreements for a decade or so prior to their demise.
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How can a player set up an Employee Benefit Trust account?(he can’t) The payment wasn’t discretionary because you’ve told us to “get it” and understand it is contractual.

So in 2005 Juninho is surplus to requirements – the CEO talks to him/agent and it is agreed he will have his contract “paid up” and leave.

The CEO tells the FD to sort the paperwork and cut him a cheque. A cheque is cut and at his request is paid to “Juninho’s EBT account (offshore? – probably)” and no tax is deducted. FD thinks this is ok?

Why would no tax be deducted from what is effectively a severance payment? In 2008 tax is paid on the payment to the EBT?

Sorry to go on about this but people are making things up to justify or divert attention from what is a clear cut case of tax avoidance/evasion(?). I’m not even convinced the payment was made to an EBT.


Charles Green – What Will Football’s Authorities Do?
He’s the kibd of guy you would want to give aT’Hug


Charles Green – What Will Football’s Authorities Do?
stmiley
September 14, 2012 at 22:04

Once is a mistake.

Twice a habit.

But, 82 times…..

…is criminal.

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The point isn’t about EBT’s but tax avoidance evasion – Celtic knew it was dodgy so did Rangers.

Payments (not loans) were always subject to PAYE if the employee was paid by the EBT (check what it says on the P35 and also check what it says in the HMRC manual about payments to former employees that can be connected to their contracts of employment)

Rangers took the risk because their club was being run on a reckless basis with only one aim – beat Celtic at any cost and if that includes cheating the tax man then fine.

Celtic were more circumspect about cheating the tax man. They dipped a toe and got caught but by then the club was being run on a proper basis and competing with a Rangers that were cheating.


Charles Green – What Will Football’s Authorities Do?
jonny says:
September 14, 2012 at 20:52
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A Expert says:
September 14, 2012 at 20:43

If Celtic paid into an EBT what exactly are they guilty of .EBTs were not illegal and many thousands of companies used them .
If HMRC approached Celtic and informed them that there should have been tax paid and Celtic paid it .I repeat ,what are Celtic guilty of .

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If they weren’t guilty why pay the tax?

What they tried to do was pay a contractual severance payment that was taxable(bar £30K) in a way that for a time made in not taxable until three years later when HMRC disagreed. They knew what they were doing.


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