Ex Rangers players '˜pursued for tax over EBTs'

Ex Rangers players who were paid through an offshore trust have been told they have '˜weeks' to approach the taxman, it has been reported.

According to BBC Scotland, former players and staff face an even bigger bill if they don’t meet the deadline.

A general view of Ibrox Stadium. Picture: Ian Rutherford/PA Wireplaceholder image
A general view of Ibrox Stadium. Picture: Ian Rutherford/PA Wire

In 2017, the Supreme Court upheld a Court of Session ruling that £47 million paid to Rangers employees between 2001-2010 was liable for tax. Now those who received Employee Benefit Trusts, which many believed to be loans they would not have to repay, have been warned to seek advice.

More to follow.

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