Viking Supporters Co-operative

Viking Chat => Viking Chat => Topic started by: roversdude on December 21, 2022, 12:24:15 pm

Title: HMRC
Post by: roversdude on December 21, 2022, 12:24:15 pm
How can they go as far as issuing winding up action for their mistake incompetence of the highest order
Title: Re: HMRC
Post by: since-1969 on December 21, 2022, 02:11:18 pm
How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !
Title: Re: HMRC
Post by: mushRTID on December 21, 2022, 02:14:39 pm
Hasnt something like this happened before in recent years? It's a bit odd.
Title: Re: HMRC
Post by: roversdude on December 21, 2022, 02:18:26 pm
How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !

Nothing like putting a twist on things to suit your Anti board agenda
Title: Re: HMRC
Post by: silent majority on December 21, 2022, 03:02:10 pm
How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !

What absolute nonsense.

What do you mean by slipped into the red?? Explain that one to me!
Title: Re: HMRC
Post by: TheFunk on December 21, 2022, 03:03:07 pm
Working in an accountancy practice HMRC errors identical to this are a daily occurrence. HMRC routinely allocate payments to the wrong month or just as frequently leave as unallocated. They then don't communicate with the taxpayer and the first you hear of HMRC's error is when their debt enforcement people turn up at your door to collect money you sometimes paid over 12 months ago. I imagine with football clubs they just miss that part out and go straight to the winding up procedure.
Title: Re: HMRC
Post by: ravenrover on December 21, 2022, 03:20:51 pm
How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !
Talking Bo!!ocks again
HMRC have already admitted it was their mistake
Title: Re: HMRC
Post by: DonnyBazR0ver on December 21, 2022, 03:24:14 pm
Working in an accountancy practice HMRC errors identical to this are a daily occurrence. HMRC routinely allocate payments to the wrong month or just as frequently leave as unallocated. They then don't communicate with the taxpayer and the first you hear of HMRC's error is when their debt enforcement people turn up at your door to collect money you sometimes paid over 12 months ago. I imagine with football clubs they just miss that part out and go straight to the winding up procedure.

Anyone in business responsible for their tax affairs know this only too well.
Title: Re: HMRC
Post by: DonnyBazR0ver on December 21, 2022, 03:29:15 pm
How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !

The only thing that's clear is you don't have a clue what you're talking about yet you still proceed to slur the club for your own personal gratification.

Merry Christmas!
Title: Re: HMRC
Post by: Lincoln Rover on December 21, 2022, 03:47:43 pm
How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !
If you TRULY think that, put it in an email with your correct details & we can let the club sort it.
I’ll tell you what, if YOU are right I’ll apologise & make a hefty donation to charity.
Over to you 1969….your call
Title: Re: HMRC
Post by: big fat yorkshire pudding on December 21, 2022, 04:40:05 pm
Working in an accountancy practice HMRC errors identical to this are a daily occurrence. HMRC routinely allocate payments to the wrong month or just as frequently leave as unallocated. They then don't communicate with the taxpayer and the first you hear of HMRC's error is when their debt enforcement people turn up at your door to collect money you sometimes paid over 12 months ago. I imagine with football clubs they just miss that part out and go straight to the winding up procedure.

Absolutely. Great if you're on the ball talking to them but it's ridiculous the amount you have to chase them to fix things.
Title: Re: HMRC
Post by: since-1969 on December 21, 2022, 04:55:32 pm
How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !

Nothing like putting a twist on things to suit your Anti board agenda
Clearly facts are not your specialty!!
Title: Re: HMRC
Post by: Copps is Magic on December 21, 2022, 05:01:43 pm
Can someone enlighten me as to what this is about?
Title: Re: HMRC
Post by: Dagenham Rover on December 21, 2022, 05:18:00 pm
Can someone enlighten me as to what this is about?


https://www.doncasterfreepress.co.uk/sport/football/hmrc-mistakenly-issue-high-court-winding-up-petition-against-doncaster-rovers-3961682
Title: Re: HMRC
Post by: redwine on December 21, 2022, 05:32:24 pm
This is the Incompetence Revenue we are talking about.
Title: Re: HMRC
Post by: DearneValleyRover on December 21, 2022, 06:04:01 pm
How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !

Nothing like putting a twist on things to suit your Anti board agenda
Clearly facts are not your specialty!!

Well they certainly aren’t yours
Title: Re: HMRC
Post by: roversdude on December 21, 2022, 06:33:53 pm
So you are denying that you have an anti board agenda then - I think anyone who posts regularly on here will see that as a fact
Title: Re: HMRC
Post by: roversdude on December 21, 2022, 06:35:10 pm
Can someone enlighten me as to what this is about?


https://www.doncasterfreepress.co.uk/sport/football/hmrc-mistakenly-issue-high-court-winding-up-petition-against-doncaster-rovers-3961682

Sorry thought I had copied the link but obviously never lol
Title: Re: HMRC
Post by: Glyn_Wigley on December 21, 2022, 08:20:32 pm
How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !

Nothing like putting a twist on things to suit your Anti board agenda
Clearly facts are not your specialty!!

Clearly facts are not even in your lexicon.
Title: Re: HMRC
Post by: dickos1 on December 22, 2022, 06:59:38 am
How can they go as far as issuing winding up action for their mistake incompetence of the highest order
It’s clearly a fine line we walk between going bust and being solvent . The club were obviously on a list to be watched and slipped into the red . Baldwin & Co are walking the fine line !

Nothing like putting a twist on things to suit your Anti board agenda
Clearly facts are not your specialty!!

Clearly spelling isn’t yours
Title: Re: HMRC
Post by: ForsolongaRover on December 22, 2022, 10:27:40 am
Sounds like this relates to the paying over of PAYE. I don’t remember Rovers being wrongly summonsed for Winding Up previously, but withholding PAYE from HMRC is a favourite means of obtaining interest-free loans from the Government. I suppose that most clubs are carrying so much debt that it would be unwise  to let it mount up. And if they don’t pay up, it’s us that have to cover the debt in the long term.

Some clubs do it routinely, especially those in serious debt, so as a class of business, they are probably a priority target.

The fact that it has never happened before, certainly not in recent times, shows that the club are indeed in good financial shape.
Title: Re: HMRC
Post by: roversdude on December 22, 2022, 11:07:31 am
Sounds like this relates to the paying over of PAYE. I don’t remember Rovers being wrongly summonsed for Winding Up previously, but withholding PAYE from HMRC is a favourite means of obtaining interest-free loans from the Government. I suppose that most clubs are carrying so much debt that it would be unwise  to let it mount up. And if they don’t pay up, it’s us that have to cover the debt in the long term.

Some clubs do it routinely, especially those in serious debt, so as a class of business, they are probably a priority target.

The fact that it has never happened before, certainly not in recent times, shows that the club are indeed in good financial shape.

And the fact that HMRC admitted it was their fault and it had already been paid
Title: Re: HMRC
Post by: silent majority on December 22, 2022, 01:25:02 pm
The VSC keep a very close eye on the finances at the club, after all it’s their primary objective to ensure that we don’t suffer the trials and tribulations of years past.

There is absolutely no concerns or anything that we should be worrying about financially, even during the pandemic the club took steps to make sure that we were always viable.
Title: Re: HMRC
Post by: roversdude on December 22, 2022, 01:47:09 pm
Thanks SM
Title: Re: HMRC
Post by: anton123 on December 27, 2022, 02:46:19 am
See things on twitter about the lad from eco power paid the players over Christmas and said the club will be in administration in 3 months ? Obviously take with a pinch of salt but I know he is after buying the club but only at a low price
Title: Re: HMRC
Post by: mushRTID on December 27, 2022, 09:23:25 am
I wonder if there is a scenario where this eco power chap is given the club, if he’s a credible owner.

What would it be worth anyway, I have absolutely no idea. 500k, 1m, 2m? Either way Bramall clearly doesn’t want it long term and he doesn’t need the money. For all we know he might be relieved to cut ties.
Title: Re: HMRC
Post by: Chris Black come back on December 27, 2022, 09:30:33 am
If Eco-Power Environmental Limited is the main source of cash behind this alleged interest, these folks don’t have the finances to get the club back in to League One and stay there.
Title: Re: HMRC
Post by: big fat yorkshire pudding on December 27, 2022, 09:31:53 am
And therein lies the problem.  There's a valid point that we aren't going anywhere under the current ownership, we're just safe.  We should aim for more than that.

But what's the alternative? I don't see signs of any credible owners with the funding that fans would want?
Title: Re: HMRC
Post by: Chris Black come back on December 27, 2022, 09:37:29 am
I think some people are mistakenly or deliberately confusing the situation. Unless there is a random billionaire wanting to buy the club and fund it, then pretty much any possible buyer is going to be worse news for us than our current owners. In fact, the random billionaire doesn’t sound especially attractive.

Our issue is not our owners and finances, it is how our finances are being used. We can and should be a top half League One side with our finances. It is just that it has been used so appallingly over recent years, that we are now embarrassing ourselves in mid-table League Two. 
Title: Re: HMRC
Post by: Glyn_Wigley on December 27, 2022, 09:38:53 am
See things on twitter about the lad from eco power paid the players over Christmas and said the club will be in administration in 3 months ? Obviously take with a pinch of salt but I know he is after buying the club but only at a low price

Twitter = Gobshite's Paradise.
Title: Re: HMRC
Post by: DonnyBazR0ver on December 27, 2022, 10:40:56 am
If Eco-Power Environmental Limited is the main source of cash behind this alleged interest, these folks don’t have the finances to get the club back in to League One and stay there.

Exactly. Generally, fans can't pick and choose their owners so no matter how much some folk wish for new owners it doesn't necessarily equate to spending higher than average funds at this level.

Eco Group sound to me something similar to East Riding Sacks and we all know what happened there! With TB and DW, we've had a long period of financial stability from self made men, who were prepared to commit to the long term rather than any boom and bust.

Eco is a relatively new company and whilst there might be bags of enthusiasm, there's  no guarantees their financial input will be sustainable.