Doesn’t make sense

What is this 18m tax? Can’t be corporation tax as they’ve been reporting losses, can’t be Vat as that would suggest a large turnover in the last quarter.

All smoke and mirrors.

Posted By: inutero on April 25th 2020 at 10:35:27

Message Thread

Webber/mrs Webber & Kensall all busy at the moment!!!... (NCFC) - loz, Apr 25, 09:06:16
- Those losses are if the season is cancelled.... (NCFC) - usacanary, Apr 25, 14:16:48
- If you read it with the £16m budgeted profit and the £18m deferred tax (NCFC) - Jim, Apr 25, 10:18:04
  - Huge losses next season as well future of our club and many others in real trouble (n/m) (NCFC) - loz, Apr 25, 10:24:06
    - Cash flow is the issue rather than profit or loss (n/m) (NCFC) - SimonOTBC, Apr 25, 10:39:45
    - Maybe, maybe not. Too early to say isn’t it. may get another undeserved year in the prem (n/m) (NCFC) - Jim, Apr 25, 10:29:34
      - Not likely if Boris is a slave to Rupert Murdoch which... (NCFC) - loz, Apr 25, 10:30:12
        
        Does appear that the govt view the prem restarting as “symbolic” so will (NCFC) - Jim, Apr 25, 10:31:02
- Preparing the ground for the begging bowl, getting the (NCFC) - Jim, Apr 25, 10:16:48
  - ^^ Absolutely agree Jim (NCFC) - JoeyDeacon, Apr 25, 10:23:52
- Just sell Aarons, Buendia and Cantwell (n/m) (NCFC) - thirsty work, Apr 25, 10:10:33
  - that should probably raise about 10m in the current market (n/m) (NCFC) - Mecagoenti, Apr 25, 10:12:49
- You know what’s coming (NCFC) - inutero, Apr 25, 09:28:33
  - Even though HMRC offer the tax deferral... (NCFC) - SimonOTBC, Apr 25, 10:41:44
    - Depends on what the tax is (NCFC) - inutero, Apr 25, 10:48:17
      - Yes, but got to be worth a go hasn’t it? (NCFC) - SimonOTBC, Apr 25, 11:04:26
  - But surely those taxes budgeted for before the £16m profit anyway (n/m) (NCFC) - Jim, Apr 25, 10:18:51
    - Doesn’t make sense (NCFC) - inutero, Apr 25, 10:35:27
      - We'll have big VAT and PAYE/NI amounts to pay each month (NCFC) - JD3, Apr 25, 13:26:30
        
        sent too early! (NCFC) - JD3, Apr 25, 13:29:03
      - It could be corporation tax or PAYE (NCFC) - SimonOTBC, Apr 25, 10:44:42
        
        Doubt it (NCFC) - inutero, Apr 25, 10:54:09
        
        PAYE plus CT and whatever VAT is due (n/m) (NCFC) - SimonOTBC, Apr 25, 11:05:03
  - Of course it is (NCFC) - Cardiff Canary, Apr 25, 10:10:33
  - They can keep my money .... (NCFC) - loz, Apr 25, 09:32:37
    - I will help them by not taking refunds if they have exhausted all avenues (NCFC) - Jim, Apr 25, 10:20:14
      - I would take the refund in any circumstances (NCFC) - Mecagoenti, Apr 25, 10:21:35
    - They can fuck right off (NCFC) - Tombs, Apr 25, 09:56:15
      - What did you do to get banned? (n/m) (NCFC) - asics_kit, Apr 25, 10:11:24
        
        Supported the club (n/m) (NCFC) - Tombs, Apr 25, 10:55:31
      - I presume they are thoroughly regretting that decision now (NCFC) - Mecagoenti, Apr 25, 10:11:19
        
        I hope he cuddles up nice and snug with his bottom line every night now (n/m) (NCFC) - Tombs, Apr 25, 10:38:05
      - How you getting on Mr Tombs? Everything good in the countryside? (n/m) (NCFC) - DrDublin, Apr 25, 10:10:40
        
        Keeping busy dubbs thats the key (NCFC) - Tombs, Apr 25, 10:49:56
        
        let me know when the whisky plank goes in and i'll raise a glass to celebrate (n/m) (NCFC) - Chris Peacock, Apr 25, 12:17:31
        
        That looks amazing and brilliant. My old friend from school still makes pure wooden. (NCFC) - DrDublin, Apr 25, 11:11:39
        
        To quote sir robert motrimer, this is my tomato (NCFC) - Tombs, Apr 25, 11:23:59
        
        They can make them out of mushrooms now Tombs,no bull! (n/m) (NCFC) - protheroe fitzgibbon, Apr 25, 10:59:17
        
        You been on the shrooms proth? (n/m) (NCFC) - Tombs, Apr 25, 11:05:45
        
        Seriously,I linked it up the day.It's from the part of the mushroom (NCFC) - protheroe fitzgibbon, Apr 25, 11:08:44
        
        Cor it isanall (NCFC) - Tombs, Apr 25, 11:14:59

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