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[url=http://www.accountancyage.com/aa/analysis/2182426/hmrc-loss-football-league-extraSummary of the ruling here[/url
In an ongoing test case, the Football league has had its rules (whereby "football creditors" get paid in preference to others) held to be legal. (HMRC had argued it was an unfair preference etc).
Leave has been given to appeal, and I expect the case will run and run to the Supreme Court, but maybe there are lessons to be learned by the RFL and the SL clubs?
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What's this word 'superceded'? Why do professional writers use words they can't spell / understand?
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Unbelievable.
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Could the final comments by the judge be taken as a hint that HMRC could win the case if they brought it on a different legal basis?
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