Rangers

A further £3.1 million has been cut from the tax bill owed by the firm which formerly owned Rangers Football Club. Sources in the financial sector told The Times that it appeared the bill was likely to be reduced further as liquidators said they were having “positive discussions” w

A further £3.1 million has been cut from the tax bill owed by the firm which formerly owned Rangers Football Club. Sources in the financial sector told The Times that it appeared the bill was likely to be reduced further as liquidators said they were having “positive discussions” w

BDO, the liquidator of the former owner of Rangers Football Club (RFC), has accumulated fees of around £1,700 per day, according to its latest report. BDO has had its bill for £290,000 for work between November 2 last year and May 15 in 2020 approved by the creditors’ committee of

HMRC has cut a further £5 million from its claim against the company which owned Rangers Football Club, according to the latest report from BDO. The dispute between HMRC and Rangers FC concerns the manner in which some players were paid by the club from 2001 to 2009 and the lack of tax being p

The chief executive of HM Revenue & Customs (HMRC) has publicly denied that it made any mistakes when pursuing repayments from Rangers FC for unpaid tax. In a very unusual move, chief executive Jim Harra made a social media announcement to reject the claims made in The Times that mista

A multi-million-pound mistake made by HM Revenue & Customs (HMRC) is being blamed for the financial problems which caused the downfall of Rangers Football Club. The Times reported that HMRC has publicly recognised that it claimed too much tax from the club and accordingly, up to £50 millio

Two former administrators of Rangers Football Club Plc who are suing the chief constable of Police Scotland and the Lord Advocate for £14 million in damages over their alleged “wrongful arrest, detention and prosecution” have successfully challenged a decision that Scotland’s

Murray Capital Group made a loss of £1.75 million before the tax year ended December 31st and has been hit with a £1.3m tax charge. The Herald reports that the tax charge is for a tax liability which the firm has previously challenged.