millar2318
Well-Known Member
OK, I have went through the oldco accounts.
The following was paid to EBT's
2000 0 2001 1010000 2002 5176000 2003 6791000 2004 7252000 2005 7241000 2006 9192000 2007 4988000 2008 2291000 2009 2360000 2010 1358000Total 47659000
That isn't the tax - that is the amount paid.
I am no tax expert - but, for the sake of arguements, if you say the tax/ni liability is 60%, then that comes in at £28595400
That is surely manageable?
Well done for this. Also correct btw, an easily manageable sum. If you break that down further and look at the tax liability per year, compare it to the playing squads we had, then we could easily have jettisoned players who made zero contribution into the club but who's sale would still have easily covered the amount