Having just blogged (here) about how HMRC is making it more difficult for me to assess if a Time To Pay ("TTP") proposal could be accepted by HMRC, we now find that Premier League and Championship clubs have already deferred over £6m in tax since 6 April 2010 (about 5 months!). The full article in Accountancy Age is here.
No wonder HMRC is getting continuing to get tough on football clubs, although I happen to agree that they should! It would be useful if HMRC would provide some better guidelines on what a basic TTP scheme should cover, but the usual answer is always "..each case on its merits..." Doesn't help though!
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