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TheCountOfNowhere

Employment Benefit Trusts

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Anyone here not been paying their tax ?

 

EBTs were ruled illegal last month and here's the first casualty:

 

http://www.scotsman.com/news/ex-rangers-captain-barry-ferguson-declared-bankrupt-1-4512566

 

This nice non-tax paying bloke worked for Rangers PLC, who were liquidated and died owning a fortune to the tax man ( i.e. u and me ).

 

The tax man cometh.

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As a supporter of a rival club who almost went bust trying to compete with Rangers, this news pleases me immensely. Long may it continue.

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