Hearts tax bill settled

Tue, 14 Feb 14:53:58 2012

Hearts have announced they have now paid an outstanding tax bill in full.

A winding-up petition was presented to the Court of Session by the Advocate General for Scotland on January 27 and published on February 7, with HMRC giving the Edinburgh club eight days to pay.

Last year, Hearts were forced to pay a bill in the region of £500,000 to defeat a similar order, while others were served in 2009 and 2010.

At a time when Rangers' own battle with HMRC has been dominating the headlines, Hearts say their bill has now been settled.

A statement on the club`s website read: "Heart of Midlothian FC today announces that the outstanding amount due to HMRC in relation to the recent winding up notice has been paid in full."

Hearts' financial predicament has been highlighted by the delayed payment of player wages. January was the first time in four months the players received their salaries on time, with Hearts avoiding unlimited sanctions from the Scottish Premier League as a result.

 

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  1. i think it's time for hearts and rangers fans to­ stop this hypocritical chanting of their love for the­ english queen, it's apparently obvious you­ don't love her and she don't love you, see you­ on jeremy kyle.

    From inverkenny, on Wed 15 Feb 12:24
  2. right, lets get back to basics. i doubt rangers will be­ able to get out of adninistration before march 31st ,or­ even be able to produce accounts before then, unless a­ last minute deal was cut with hmrc. but this seems­ likely because of the way hmrc backed out at the last­ hour.if not,loss of revenue from europe will surely­ cause ticketus to foreclose on the season ticket­ money.if this happens i doubt rfc will be able to fend­ of liquidation. i think a lot more is still to come out­ about this situation. either whyte has pocketed the­ season ticket and jelyvic money,and will let­ liquidation happen.or maybe he is a bit canny and has­ used this money to buy a deal with hmrc.will be­ interesting over the next few weeks !

    From dandare1799, on Wed 15 Feb 2:14
  3. I fail to see how many Scottish clubs can make it pay ­ very small gates costs must far outstrip­ the revenue

    From Colin da Truthteller, on Wed 15 Feb 1:15
  4. amazing how the tax man puts his foot down,and the­ mighty hearts "CLEAR THERE TAX BILL" so much­ for the mighty russian!!!!! hope that teaches all­ football club owners,DONT @#$% WITH THE TAXMAN"

    From BRUCE, on Wed 15 Feb 0:39
  5. well done hearts.pity the govan tax dodgers probably­ wont pay you the hundred grand you are owed !!

    From dandare1799, on Tue 14 Feb 23:49
  6. Pleased for the club. At least Hearts have some­ credibility unlike Poundland Govan.

    From horsewithnomane, on Tue 14 Feb 23:20
  7. Bigblueknob maybe they can lend Cragie the Ex­ Millionaire some money

    From THOMAS, on Tue 14 Feb 23:09
  8. Aw naw Rangers can now win the Turd division without­ any competition

    From THOMAS, on Tue 14 Feb 23:08
  9. Good for you Hearts . Timmy wont like it .

    From Costablancablue, on Tue 14 Feb 22:57
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