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Posts tagged with "football-clubs"

Truro City FC ward off HMRC winding up

January 16 2012

Truro City have avoided a winding-up petition from the tax man by a last minute settlement of their tax debts. Registrar Nicholls was informed that prior to the hearing, the tax debt had been settled. The learned Judge therefore adjourned the matter for two   Read More…

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Kettering Town FC Petitioned by HMRC

January 11 2012

It recently emerged in court that HM Revenue & Customs has issued 25 petitions to wind up football clubs in the past two years. In what now seems almost to be a campaign against smaller football clubs, HMRC has served it’s latest football   Read More…

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Portsmouth FC issued with HMRC winding-up petition

January 03 2012

HMRC have issued yet another winding up petition against a football club. This time Portsmouth (PORTSMOUTH FOOTBALL CLUB (2010) LIMITED) have been issued with a winding-up petition over unpaid tax and will appear at the Companies Court on 20 February. “Ensuring tax   Read More…

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HMRC and the Football Creditors Rule

October 01 2011

Long standing financial regulations laid down by the Football Association and the Football League means professional football clubs have to commit to a certain way of dealing with debts. These differ from the rules which apply to a typical corporate insolvency procedure   Read More…

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