or to join or start a new Discussion

225 Comments
Article Rating     Not Rated Yet

Bad week all in all.

This news only adds to that but it was to be expected tbh.

https://www.heraldscotland.com/sport/19593712.celtic-announce-losses-11-5million-tax-covid-hit-campaign/

posted on 22/9/21

comment by Magnum( proper bears seem to get on OK with me but the wee girly ones get me filtered. Aye even the ones I'm obsessed with) 🤣🤣🤣🤣 (U22391)
posted 37 minutes ago
NON-CURRENT LIABILITIES
Other loans 15 (5,000) (7,770)
Trade and other payables 16 (3,347) (3,102)
Lease liabilities 17 (661) (835)
Deferred income 18 (244) (366)
Deferred tax liability 19 (5,402) (4,909)
(14,654) (16,982)
TOTAL LIABILITIES (

There's yer tax deferred tax liability from the Rangers 2020 accounts.

Got fed up waiting.

Celtic had around £1m for the same period.

Rangers were over £9m six months later.

We'll see that in the accounts this week.
----------------------------------------------------------------------

Which is not a £9m tax deferment 👍

posted on 22/9/21

comment by Magnum( proper bears seem to get on OK with me but the wee girly ones get me filtered. Aye even the ones I'm obsessed with) 🤣🤣🤣🤣 (U22391)
posted 1 minute ago
No..I explained that yesterday.


----------------------------------------------------------------------

Yeah, you have been speaking nonsense about it for some time now, you should maybe get in touch with someone who actually knows about these things and get him to explain what a tax deferment actually is 👍

posted on 22/9/21

comment by UB55-RIP Terry Munro (U22706)
posted 1 hour, 48 minutes ago
comment by Magnum( proper bears seem to get on OK with me but the wee girly ones get me filtered. Aye even the ones I'm obsessed with) 🤣🤣🤣🤣 (U22391)
posted 1 minute ago
No..I explained that yesterday.


----------------------------------------------------------------------

Yeah, you have been speaking nonsense about it for some time now, you should maybe get in touch with someone who actually knows about these things and get him to explain what a tax deferment actually is 👍

----------------------------------------------------------------------
It's a deferment of tax which creates a liability on the accounts.

The description on the accounts is nonsense as the liability is greater than the expected asset value...therefore no tax liability would apply.

Creating a tax liability against a future event is not a deferment at all. It's an allocation or contingency.

posted on 22/9/21

comment by Magnum( proper bears seem to get on OK with me but the wee girly ones get me filtered. Aye even the ones I'm obsessed with) 🤣🤣🤣🤣 (U22391)
posted 6 minutes ago
comment by UB55-RIP Terry Munro (U22706)
posted 1 hour, 48 minutes ago
comment by Magnum( proper bears seem to get on OK with me but the wee girly ones get me filtered. Aye even the ones I'm obsessed with) 🤣🤣🤣🤣 (U22391)
posted 1 minute ago
No..I explained that yesterday.


----------------------------------------------------------------------

Yeah, you have been speaking nonsense about it for some time now, you should maybe get in touch with someone who actually knows about these things and get him to explain what a tax deferment actually is 👍

----------------------------------------------------------------------
It's a deferment of tax which creates a liability on the accounts.

The description on the accounts is nonsense as the liability is greater than the expected asset value...therefore no tax liability would apply.

Creating a tax liability against a future event is not a deferment at all. It's an allocation or contingency.


----------------------------------------------------------------------

😂😂😂😂

posted on 22/9/21

comment by UB55-RIP Terry Munro (U22706)
posted 22 minutes ago
comment by Magnum( proper bears seem to get on OK with me but the wee girly ones get me filtered. Aye even the ones I'm obsessed with) 🤣🤣🤣🤣 (U22391)
posted 6 minutes ago
comment by UB55-RIP Terry Munro (U22706)
posted 1 hour, 48 minutes ago
comment by Magnum( proper bears seem to get on OK with me but the wee girly ones get me filtered. Aye even the ones I'm obsessed with) 🤣🤣🤣🤣 (U22391)
posted 1 minute ago
No..I explained that yesterday.


----------------------------------------------------------------------

Yeah, you have been speaking nonsense about it for some time now, you should maybe get in touch with someone who actually knows about these things and get him to explain what a tax deferment actually is 👍

----------------------------------------------------------------------
It's a deferment of tax which creates a liability on the accounts.

The description on the accounts is nonsense as the liability is greater than the expected asset value...therefore no tax liability would apply.

Creating a tax liability against a future event is not a deferment at all. It's an allocation or contingency.


----------------------------------------------------------------------

😂😂😂😂

----------------------------------------------------------------------
Good. We have reached the limits of your ability to argue even at your level.

posted on 22/9/21

I have just actually realised that you are being serious about what a tax deferment actually is, I was honestly thinking you were just at the wind up so there is no point in me trying to educate you. I have a feeling you won’t talk about it much longer though after tonight and won’t bring it up again

posted on 22/9/21

comment by lexballielegend (U22335)
posted 7 hours, 50 minutes ago
Fook knows tbh, all I know is that all in all after thinking about it the Celtic accounts were alright all things considered.
Given the nick Rangers accounts were in pre-pandemic and given the last share issue was not great I expect their to be a 10 car pile up car crash
----------------------------------------------------------------------
Nope. Only 9.

posted on 22/9/21

comment by UB55-RIP Terry Munro (U22706)
posted 10 minutes ago
I have just actually realised that you are being serious about what a tax deferment actually is, I was honestly thinking you were just at the wind up so there is no point in me trying to educate you. I have a feeling you won’t talk about it much longer though after tonight and won’t bring it up again
----------------------------------------------------------------------
You've absolutely schatt the bed there.
You clearly have no idea what you are talking about.

If you wish to create a provision against a potential future liability that may arise (as described by the note in the accounts) that is not a deferment under any accounting convention.

I probably won't bring it up again. I only do it during your fleeting appearances.

Enjoy this wee spell. If you behave it might last a bit longer than the last one.

posted on 22/9/21

😂😂😂😂

Sign in if you want to comment
RATE THIS ARTICLE
Rate Breakdown
5
0 Votes
4
0 Votes
3
0 Votes
2
0 Votes
1
0 Votes

Average Rating: 0 from 0 votes

ARTICLE STATS
Day
Article RankingNot Ranked
Article ViewsNot Available
Average Time(mins)Not Available
Total Time(mins)Not Available
Month
Article RankingNot Ranked
Article ViewsNot Available
Average Time(mins)Not Available
Total Time(mins)Not Available