if we don't buy players won't we just pay a load of tax? - Wrath of the Barclay

if we don't buy players won't we just pay a load of tax?

I'm thinking that is we make a massive profit then we will be taxed on it when we could have bought players, or is it not that simple?

Posted By: Kar1 on January 1st 2020 at 20:37:17

Message Thread

if we don't buy players won't we just pay a load of tax? (NCFC) - Kar1, Jan 1, 20:37:17
- We're still carrying forward some losses but in essence yes (NCFC) - Kangol Canary, Jan 1, 20:53:21
  - I thought we'd cleared those losses last year? (NCFC) - CWC, Jan 1, 21:09:15
  - No chance of that is there. (n/m) (NCFC) - Men without hats, Jan 1, 20:59:14
- I thought that can any accountant type explain it ? (n/m) (NCFC) - loz, Jan 1, 20:38:34
  - You get taxed on profits (n/m) (NCFC) - SCC 28, Jan 1, 20:39:07
    - Unless you’re amazon (n/m) (NCFC) - SCC 28, Jan 1, 20:39:19
      - so we need to register the club offshore? (n/m) (NCFC) - Kar1, Jan 1, 20:44:41
        
        Yes. Scroby Sands (n/m) (NCFC) - jackamo, Jan 1, 20:46:21
        
        That actually made me laugh (n/m) (NCFC) - Yellalee, Jan 1, 21:00:50
- We will use the Starbucks tax code (n/m) (NCFC) - Jumbo1, Jan 1, 20:38:05
  - Accounts in Zanzibar. (n/m) (NCFC) - Men without hats, Jan 1, 20:38:48

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