Quote:
Originally Posted by LondonRoad
It's normal for an first tier tax appeal to take this length of time.
I don't know if Colin is a tax expert. I know I'm not but I am capable of reading the wealth of information on the subject on the internet.You shouldn't rely on the Scottish mainstream media for any reliable information.
Several players have said they only signed one contract. The BBC program revealed evidence, emails and letters, promising payments that were contractual. This evidence is underpinned by the fact that the payments promised matched the amounts paid into the player's EBTs. The 'independent' advice the players received was clearly at odds with how HMRC see the EBT scheme should be run. It's very clear that there cannot be any contracual element to an EBT.
Quite simply, any contracted payment into an EBT changes the tax avoidance into tax evasion.
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What he said
I am a qualified accountant..but I don't need accountancy skills to read. And EBT were always illegal if contractual as part of salary.
And i saw the BBC show, it was quite revealing.