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By fans, for fans. By fans, for fans. By fans, for fans.

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Posted

His tax-dodging wheeze has been ruled illegal. :)

 

HM REVENUE & CUSTOMS has won a court case to prevent a complex investment partnership from claiming £117m in tax reliefs.

 

The partnership, Eclipse 35, involved Manchester United boss Sir Alex Ferguson and former England and Leicester City manager Sven-Göran Eriksson and was looking to claim tax relief on a £1bn film deal with Disney, according to The Times.

 

Had the deal been successful, the 289 investors in the scheme would have received approximately £400,000 in reliefs on a personal investment of £173,000.

 

It is believed the implications of the case could be far-reaching for other film investment schemes as well as others designed to achieve large tax reliefs.

 

http://www.accountancyage.com/aa/news/2169795/hmrc-wins-gbp117m-court-clash-film-partnership

Posted

Massive socialist. Yet again underlining his credentials and trade union roots.

Good old sir Alex of great Britain.

 

 

He's a national treasure, what a guy.

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