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| [urlhttp://www.wakefieldwildcats.co.uk/wakefield-trinity-wildcats-and-the-hmrc-i606296.html[/url
Any idea what this is all about?
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| noth a clue but does not look good if we are in truble
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| Quote ="yorkshireone"noth a clue but does not look good if we are in truble'"
Not in trouble - but it doesn't look good!
More details to come - this is the retaliation in first!
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| Looks like WTW owe the tax man big ££££ and have reached a agreement to pay off the amount in a repayment plan, imo...
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| Quote ="Wakefield No 1"Looks like WTW owe the tax man big ££££ and have reached a agreement to pay off the amount in a repayment plan, imo...'" here we go again
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| The chances are it will mean that rather than pay a lump sum to the tax man, we will have agreed installments to ease cashflow.
In some ways it can be seen as a positive that we have made a nice amount of money - hence why our tax bill would be bigger.
As my father always says "dont moan about paying more tax, it just means you are earning more!"
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| Not another sports club spending tax money rather than paying Her Majesty? Not the first, and won't be the last - but something which should be avoidable for all.
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| Quote ="MOPSEY LIVES ON"here we go again'"
Just when danny brough hasnt been offered enough underhand tactic for the club to say oh DB not signing not worth keeping.
Danny Brough = pays maj of taxman
Never saw solo or ellis money we wouldn't see any foreseeable sale of playing asset's.
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| Quote ="TRB"Of course you saw the Ellis and Solomona money - we still have a club and we're still in SL aren't we? '"
So without them we wouldn't have survived and if we need the brough money we must be in the proverbial, anyway I don't want to detract from the original post, why aren't we paying what we owe? do we have incompetent staff by the sounds of it its not just a few quid its a hefty sum...
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| Quote ="mwildcats"So without them we wouldn't have survived and if we need the brough money we must be in the proverbial, anyway I don't want to detract from the original post, why aren't we paying what we owe? do we have incompetent staff by the sounds of it its not just a few quid its a hefty sum...'"
We don't NEED the Brough money - only if a deal can't be done and WE feel that it's best for our club.
We are paying what we owe, as agreed with HMRC, that's what it says in the statement and that's what's happening - although it is disappointing that we were clearly a little behind the schedule at one point.
Happy days!
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| it a funny comment to make and so brief and to the point, if the club hadn't said anything would this of come up in a general meeting?
usual worries when no more comments are coming forth makes you what to panic
I'll hold on to my hat as the Trinity roller coaster rides again
bring on the new season
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| I'm guessing, but it MAY have something to so with image rites payments. I do know that some clubs were under investigation (not sure which ones).
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| Quote ="mwildcats"So without them we wouldn't have survived and if we need the brough money we must be in the proverbial, anyway I don't want to detract from the original post, why aren't we paying what we owe? do we have incompetent staff by the sounds of it its not just a few quid its a hefty sum...'" i'd say a good 60% of companies in this country owe vat or tax in some form. thats business .
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| Quote ="snowie"it a funny comment to make and so brief and to the point, if the club hadn't said anything would this of come up in a general meeting? '"
If we're "getting our retaliation in first", then you'd have to assume that there'll be something in the press in the next few days.
Even if we're complying with the agreed payment plan, this sort of publicity is the last thing we need.
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| Quote ="RebelRebel"If we're "getting our retaliation in first", then you'd have to assume that there'll be something in the press in the next few days.
Even if we're complying with the agreed payment plan, this sort of publicity is the last thing we need.'" then if this is a retaliation should we not go that bit further or are we waiting to counter act with some positive spin its whats required
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| Maybe this will explain the reason for the statement. There's probably 16,000 similar statements being made as we speak.
Time to Pay tax time bomb looms
30th September 2009
By Anastasia Weiner - Business Correspondent
FIRMS that have taken advantage of HM Revenue & Customs VAT holiday are being warned to get their business in order before their Time to Pay arrangements come to an end.
According to figures more than 16,000 businesses in Yorkshire have delayed payments through the initiative worth £278m in VAT owed.
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| It's a shame this was'nt mentioned before I bought shares the tax man I say,Legal mugging thats all it is.
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| HURRAH its the November panic
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| Quote ="Rogues Gallery"I'm guessing, but it MAY have something to so with image rites payments. I do know that some clubs were under investigation (not sure which ones).'"
That is my first thought, knew of several clubs who had used this to exploit the cap, think Wire were major culprits.
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| Sounds like the club are trying to be open about something, I wouldn't want to come on here had it come out in the press.
The only down side is that its woken Marsdengiant up from its sleep.
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| Not again!
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| Quote ="Rogues Gallery"I'm guessing, but it MAY have something to so with image rites payments. I do know that some clubs were under investigation (not sure which ones).'"
Wigan had to include a statement in their accounts saying they were subject to investigation by the inland revenue, I think at the insistence of their auditors. So they must be one as its a matter of public record.
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| I got my season tickets on my credit card so hopefully i will be covered when he club goes under.
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| Quote ="jonh"That is my first thought, knew of several clubs who had used this to exploit the cap, think Wire were major culprits.'"
Not the case here.
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