Fans Forum - A few points

[The Auditor]

In general the Inland revenue would expect the club to pay the CGT and get it refunded once they have the new qualifying asset (Falmer) to claim the rollover relief

 

[The Large One]

I doubt that the Inland Revenue would give the money back - mainly because we are way beyond the deadline for coughing up in the first place.

 

[CHAPPERS]

Nice one people, Mark McGhee is my BESTEST.

 

[somerset]

Me too. McGhee was VERY impressive tonight - there really is a plan. To think that I was worrying last season that it was going to be years of lumping it to Iwelumo!

Whilst I shouldn't be negative ( I can't help it)... but all MM's hard work and success will mean nothing unless the other issues ( ground/Tax/seats etc etc) get sorted out sooner rather than later. As was said, we may need to sell our 'crown jewels' to fund something ( inquiry/taxman), and that would put us back a division or two.

I am fervently keeping my fingers crossed I can tell you.

 

[Parson Henry]

I guess the CGT cannot be rolled over into Withdean as we only rent it and maybe the re-development costs are not capitalised by the club and therefore treated as revenue expenditure.

Therefore the gain can only be "rolled over" into Falmer. There are time limits which I think will now have expired, however the Inland Revenue have the "option" to extend the time limit in exceptional cases.

I would imagine that the inquiry argument can be treated as exceptional.

However, the Inland Revenue would rather have their money now and repay it again in the future when Falmer is built.

Blimey!

I didn't realise that we had such clever souls logging on to NSC. I applaud you all. What other forms of expertise do we have?

I bet the Phalace messageboard contributers are not as clever!!

PM = Banking, Audit and Compliance

 

[b.w.2.]

This thread a great read... thank you to all who raised the questions, and took the time to post the details on here... couldn't make it due to work committments but, after reading this, feels like I was there in person... thank you again...

B.W.

 

[Mendoza]

the highlight of the night was when someone asked mcghee why the same players as last season have now much improved and began to play football this season.
his answer
"Drugs!"

 

[Lord Bracknell]

the highlight of the night was when someone asked mcghee why the same players as last season have now much improved and began to play football this season.
his answer
"Drugs!"

I'd forgotten that.

Brilliant!

Even better than the moment when Dick Knight sacked Martin Perry.





Proof, if anyone still has doubts, that these events are far better not being broadcast live on SCR.

 

[The Large One]

BTW was Ernest there? What did he ask?

 

[Yorkie]

I'd forgotten that.

Brilliant!

Even better than the moment when Dick Knight sacked Martin Perry.





Proof, if anyone still has doubts, that these events are far better not being broadcast live on SCR.

Quality moments indeed.

 

[3gulls]

Even better than the moment when Dick Knight sacked Martin Perry.

Has that leach gone? Great that should save some money. I do wish I had gone to see that.

 

[The Large One]

Yep, Dick sacked Martin in front of everyone.

 

[3gulls]

Yep, Dick sacked Martin in front of everyone.

I guess it was only in jest though?

 

[The Large One]

Hard to tell with Deadly Dick, isn't it?

 

[Mendoza]

it is,
He also se McGhee a points total of 60 for the season,
Deadly Dick Knight

 

[3gulls]

Hard to tell with Deadly Dick, isn't it?

Have you been talking to his wife? Or the girls in the Club offices?