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FORUMS > Bradford Bulls > Maybe tax isn;t so boring after all?
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Quote: SDB "No Team has cheated though have they??? Whilst I appreciate those using image rights have done things that may be constrewed as "not within the spirit of the competition" at the end of the day they've found a loophole and exploited that. Im of the belief "full credit to the club" thats got away with what it can! Whats done is done and I personallly believe the RFL won't retrospectively punish clubs for what they have done. What I think should happen (and Im sure is in the pipeline) is that the RFL should close the loophole and forget about it.....£1.6 million is plenty'"


But some have cheated. Image Rights have to be included in the declaration to the RFL. These are not being questioned, just the amount given to players - the percentage. But the ones who have used EBT's and not declared them to the RFL will now be found out. icon_wink.gif

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Quote: Tiger Beer "It does stretch that far and we have nothing to worry about. All the Bulls Image Rights deals are lodged with the RFL.
I'll believe it when Stuart denies it... icon_wink.gif

I guess the questions I'd love to have an unequivocal answer to (but don't expect to get) are:

1. Are any of the Bulls' current image rights deals with players likely to attract claims from HMRC for underpaid tax/NIC?

2. Ditto for players no longer with us;

3. Confirmation that we have not used EBTs, or if we HAVE then the RFL salary cap auditor was fully aware AND we do not envisage any tax/NIC claims from HMRC?

I't not realistically expect an answer, and if I read the situation right we are not likely to be anywhere near the forefront of clubs with worries here - if indeed we need to worry at all. Still be nice to have mind put completely at rest though! (Although I suspect that would open the floodgates for Bulls supporters to play hell with fans of certain other clubs who gave us hell for the technical and non-deliberate cap breaches...

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Quote: Adeybull "I'll believe it when Stuart denies it... ...'"

You are chris caisley and i claim my £5!! icon_wink.gif

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Quote: rhinoms "You are chris caisley and i claim my £5!!
You and I are going to have to have serious words, my friend!!! How dare you!!! icon_wink.gif

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Quote: Adeybull "You and I are going to have to have serious words, my friend!!! How dare you!!!
Nevermind the words Chris, litigate.

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Quote: Shaggoth "Nevermind the words Chris, litigate.'"


I fear I will need to send for the 'Vark then...

46 posts in 4 pages 
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