Revenue Commissioners Investigate League

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28/03/2006, 1:12 PM
Mpndo

Quote:

Originally Posted by gufct

we have been dealing with the taxman for 10 years almost now.The situation in relation to expenses has been blown out of the water and none are being allowed at all since the Rovers situation.

Why should clubs who try to keep their houses in order be punished while those who flout the laws of the land and the licensing laws do what they like.

As for payslips GUFC players get them with their cheques every week.

Do they receive P60's from, or give P45's to their employers, GUFC?

Don't take offence by the way.

I'm curious as to whether all the other clubs give out P60's or ask players for P45's
28/03/2006, 1:20 PM
Hecko

If we take Oily's suggestion to its logical conclusion, then all clubs get an amnesty and suffer a points deduction proportionate to their tax write-off, a point for every K in debt.

So City and Derry (making up figures for the sake of argument) get docked 10 points each and Shels get docked 300 points to be split over the next ten seasons. Sounds fair to me
28/03/2006, 3:58 PM
dcfcsteve

Quote:

Originally Posted by Hecko

If we take Oily's suggestion to its logical conclusion, then all clubs get an amnesty and suffer a points deduction proportionate to their tax write-off, a point for every K in debt.

So City and Derry (making up figures for the sake of argument) get docked 10 points each and Shels get docked 300 points to be split over the next ten seasons. Sounds fair to me

Derry wouldn't get docked anything - as we wouldn't be party to any Revenue write-off.

Actually, hang-on - maybe there's something in Oily's plan after all....... :D
28/03/2006, 5:20 PM
Roverstillidie

Quote:

Originally Posted by LFC in Exile

Also, in terms of the poitns deduction that Rovers got last season. AFAIK this was due to becoming insolvent - not having to make a settlement with the tax man. If Shels go into liquidation (or Accolade does) becasue of a claim by Revenue then points must be deducted. If they pay their bill before April 3rd then there is no case for points deduction.
.

Not true. We were never insolvent. We went into voluntary examinership and as a result made a restructuring deal with the Revenue. The 8 points were desucted for 'licenicing irregularities', specifically the 2003 accounts returned again for 2004.
As far as im aware, there is no FAI/EL input with shels unless the Revenue revoke their tax clearance cert, presumably if they fail to pay whats due by April 4.
Are shels fans even fundraising?
28/03/2006, 5:24 PM
Dazzy

Why does everyone think all clubs are getting investigated! We're not by the Southern Rev anyway:D
28/03/2006, 8:44 PM
Roverstillidie

Quote:

Originally Posted by Dazzy

Why does everyone think all clubs are getting investigated! We're not by the Southern Rev anyway:D

we want parity of esteem now :D
28/03/2006, 9:22 PM
pineapple stu

Quote:

Originally Posted by Mpndo

I'm curious as to whether all the other clubs give out P60's or ask players for P45's

We do, I'm fairly sure.
28/03/2006, 11:08 PM
Sam Savic

Quote:

Originally Posted by LFC in Exile

On a related note - there have been proposals for grants to GAA players based on county performance. This will cost up to �3m a year. Why is this not extended to eL clubs. Part-time players could be funded in this way. There is no basis on which part-time players in one sport can be provided with these grants and part-time players in another sport are denied them. The spurious argument that the GAA is an amateur organisation does not stack up. The players may not be paid for bringing supporters into grounds and generating fantastic revenues for the organsation, but the organisation is one of the most professionally run sporting bodies in this country.

Eircom League players can avail of tax rebates when they retire. That is why the GAA are looking for "grants" for inter county players. They can't apply for the rebates because the GAA don't pay them.
On a seperate point, an amnesty would be of no use to Finn Harps. Didn't they return a profit of 5 pounds 2 shillings and 4 pence last year?
29/03/2006, 10:04 AM
sonofstan

Quote:

Originally Posted by Sam Savic

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On a seperate point, an amnesty would be of no use to Finn Harps. Didn't they return a profit of 5 pounds 2 shillings and 4 pence last year?

would they not have thrown in an extra half crown and made it an even 5 guineas?
29/03/2006, 4:15 PM
Dazzy

Quote:

Originally Posted by Roverstillidie

we want parity of esteem now :D

Well since Rovers are not long after dealing with the Rev they would not really be investigated:eek:

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