FORUMS > Wakefield Trinity > Tax bill |
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| Quote: kinleycat "Bit of a generalisation innit?
Whatever anyone else "generally" does, doesn't have the slightest impact on what we may or may not have "actually" done, so while you are guessing, you are wasting your time.
And I can't be bothered!!!
Are you any relation to Wildycat?
I'm just providing some knowledge and info of the ins and outs of preparing/going into liquidation.
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| Quote: Adeybull "Did I tell you? I may be an accountant by profession, but I work in business, in the real world. Little of my role involves (financial) accounting, whereas a large part of it indeed involves actual people, things and money. Has done for many years. If I did not feel I was reasonably well qualified to comment, I would not have.
And for that reason, I very much agree with most of what you said in your post, once we got that dig out of the way.
But what happens in RL etc clubs, with the scale of unpaid PAYE and VAT and HMRC usually being the largest third-party creditor is in fact very unusual compared to most businesses. This very much reflects the fact that the biggest cost by far of a RL club is people, and large supplier and bank creditors are generally thin on the ground because banks won't lend to most RL clubs and big suppliers are wary. So instead of the bank and the suppliers being used to take the strain, and the ensuing pain, clubs resort to HMRC. Who are totally sick and tired of it - you guys have already done it once, don't forget, and HMRC finding their £1/2m was the only significant unpaid third party creditor when London Broncos went under totally incensed them. As will the total and utter scandal that is Crusaders which I feel sure has helped your situation not one bit.
The point I am trying to get across is sort of alluded to in your last paragraph. When you are running a RL (etc) club, and you get seriously behind with paying the PAYE and VAT - and I'm not meaning just a month or so
Hmm - you snipped the bit where I said 'without disrespect to the individuals involved' to create a dig where none was intended.
Reading your post, we seem to be at risk of furiously agreeing with each other on most points, other than your apparent outrage at WTW's seemingly laissez faire attitude to their obligations to HMRC.
Yes, in theory, the Directors of all businesses *should* behave responsibly and with absolute integrity at all times; they don't though and they never will, and to think otherwise is rather naive. You're dead right on your final point though - the more complex and unethical the behaviour is and the longer it goes on, the harder it is to justify as anything other than a deliberate attempt to deceive.
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| Quote: Sam Buca II "Are you any relation to Wildycat?
I'm just providing some knowledge and info of the ins and outs of preparing/going into liquidation.'"
Really?
What I saw was a rather snotty comment dismissing the bulk of the post you were claiming to respond to, followed by a generalised statement about bleeding a company of all its money.
With respect, your comments added no value to the discussion.
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| Quote: Adeybull "And, within the AUP, I will post where I want until a Mod tells me I have breached the AUP and no longer can. If you don't want to read what I write, put me on "ignore, there's a good chap?
Shall I go tell folk who have taken up my offer of some input re the Trust that, on reflection, I don't give two hoots?
And thanks FTV - and its mutual.'"
Carry on and take no notice, its all part of the show to keep the visiting guests on here entertained currently 82
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| Quote: Sam Buca II "Are you any relation to Wildycat?
I'm just providing some knowledge and info of the ins and outs of preparing/going into liquidation.'"
No your not, your generalising on something you know nothing about, as the previous poster pointed out, you are adding little (no) value.
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| Quote: bren2k "Really?
What I saw was a rather snotty comment dismissing the bulk of the post you were claiming to respond to, followed by a generalised statement about bleeding a company of all its money.
With respect, your comments added no value to the discussion.'"
The bulk of the two lined post of which, i quoted one.
Generalised, simply because, you cannot sum them all up as they differ but not by too much, although
if you wanted me to comment on every liquidation, i'll do it for £50p/h, just because its you.
Oh and did your post (the one i quoted above) bring much to the discussion?
BTW, i do want to see you come out of this. Get the club into admin and let someone wealthy buy them on the cheap and run the club properly.
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| Quote: Sam Buca II "Are you any relation to Wildycat?
I'm just providing some knowledge and info of the ins and outs of preparing/going into liquidation.'"
Are you a inbreed of Adybull..???
We owe Tax, we are not going to pay it the club will go bust, some one will get it for next to nothing end off... so can we move on....
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| Quote: wildycat "Are you a inbreed of Adybull..???
Suprisingly no, but we are of the same profession?
Well said
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| Quote: Sam Buca II "The bulk of the two lined post of which, i quoted one.
Generalised, simply because, you cannot sum them all up as they differ but not by too much, although
if you wanted me to comment on every liquidation, i'll do it for £50p/h, just because its you.
Oh and did your post (the one i quoted above) bring much to the discussion?
BTW, i do want to see you come out of this. Get the club into admin and let someone wealthy buy them on the cheap and run the club properly.'"
Nah - leave it to Adeybull; you're a dolt.
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| Quote: bren2k "Hmm - you snipped the bit where I said 'without disrespect to the individuals involved' to create a dig where none was intended.'"
Snip was for no purpose other than to keep the quote short. I did think you were having a dig though - so if that was not your intent then my apologies for suggesting otherwise.
I'll not get into a debate about whether I am naïve or whether I really expect the absolute integrity at all times that you suggest I do (its a "no" to both anyway) since you are right, we have violent agreement on the substance anyway.
My anger at the club directors over the PAYE and VAT is not personal to Wakefield - indeed I remain far more angry at what happened at Broncos and Crusaders - the latter seems to have had unpaid pensions too, in which case Maxwell's ghost still haunts us. I am angry because behaviour like this makes it increasingly hard for other struggling clubs and businesses to get a fair hearing from and accommodation with HMRC. As indeed I fear you guys have found post-Crusaders?
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| I'll sort this out later when i have more time so for now its locked
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