Spending the Ashton money

NCFCs accounting year ends on 31/05/2006. Last year on a pre-tax profit of ?9.166M the club paid ?1.5M in tax. Depending on when all of the Ashton money is received and what the overall operating profit position is this FY the club will presumably want to spend some of the cash in the next 8 days to avoid paying tax on it.

Posted By: dorset_canary on January 23rd 2006 at 13:06:45

Message Thread

Spending the Ashton money (NCFC) - dorset_canary, Jan 23, 13:06:45
- Sure? (NCFC) - Winged Eel Creosote, Jan 23, 13:09:27
  - Accounts were to 30/6 up to year end 30/06/2001 (NCFC) - dorset_canary, Jan 23, 13:16:42
  - Tax Year ends 31/5/2006 (n/m) (NCFC) - Tony Martin, Jan 23, 13:11:54
    - The clubs FINANCIAL year ends 31st May - the TAX year ends 5th April (n/m) (NCFC) - Financebod, Jan 23, 13:21:41
    - Used to end April 5th. Odd. (n/m) (NCFC) - Steve in Holland, Jan 23, 13:13:45
      - my mistake :/ meant to put 4/5/2005 (n/m) (NCFC) - Tony Martin, Jan 23, 13:21:19
        
        4th May 2005? (n/m) (NCFC) - oh arr, Jan 23, 13:57:23

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