Paladini gone? /merged/

[Morris]

OK. Sorry to show you up in front of all your friends ###

Genuinly embarrased for you pal

[paulmason]

http://www.westlondonsport.com/qpr/p...reign-is-over/

Hopefull that is correct and the piece of work is a gonna and will then investigated for fraud and jailed, as Scott kindly highlighted earlier on this thread.

Does anyone have an email address for people to grass up tax avoiding cheats ?

[Stanley]

The writing was clearly on the wall for him after that press conference.

[padstow]

Hopefull that is correct and the piece of work is a gonna and will then investigated for fraud and jailed, as Scott kindly highlighted earlier on this thread.

Does anyone have an email address for people to grass up tax avoiding cheats ?

Based on that rambling gibberish posted by Scotty?

And yes I do run an Accountancy Practice that specialises in tax 'minimisation' (or avoidance if you prefer!)

[HammersmithR]

Paladini - gone?

http://www.westlondonsport.com/qpr/p...reign-is-over/

[Jeffro]

Hopefull that is correct and the piece of work is a gonna and will then investigated for fraud and jailed, as Scott kindly highlighted earlier on this thread.

Does anyone have an email address for people to grass up tax avoiding cheats ?

Hahaha would you send it over Paul??

[paulmason]

Based on that rambling gibberish posted by Scotty?

And yes I do run an Accountancy Practice that specialises in tax 'minimisation' (or avoidance if you prefer!)

I would like to pay as little tax as possible, so I would love to find out how a company can loan money (lots of it) to an employee, with no pay back, tax or CGT involved ?

[paulmason]

Hahaha would you send it over Paul??

No, was said in jest.

[ChelmsfordRs]

I would love to pay as little tax as possible, so I would love to find out how a company can loan money (lots of money) to an employee, with no pay back, tax or CGT involved ?

You think he doesnt pay tax on his directors loan


Maybe our accountant friend can tell us what the tax implications are of a directors loan

[The Leveller]

I would like to pay as little tax as possible, so I would love to find out how a company can loan money (lots of it) to an employee, with no pay back, tax or CGT involved ?

Create a beneficial trust easy peasy

[paulmason]

Create a beneficial trust easy peasy

A loan needs repaying though, does it not ?

I dont really care what he got or how he got it, it would be nice to see kicked out from W12.

[Morris]

Forget him paying back the loan Paul, he is getting a 2 year payoff. No doubt your season ticket money will pay for that if you bought one.

http://www.fulhamchronicle.co.uk/london-sport/london-qpr/2011/08/18/gianni-paladini-set-to-leave-qpr-82029-29261444/

[The Leveller]

A loan needs repaying though, does it not ?

I dont really care what he got or how he got it, it would be nice to see kicked out from W12.

No gets written off. In the same way some clubs buy houses for players transferring in and if player stays for X years per contract and does not seek transfer they get to keep. The likes of you and I mere mortals live in a different world. He sided with FB/BE and he will go but to rub it in his directors contract will be rolled up and paid off.

[PeterG]

Paladini did not have any shares, hasn't had any for a long time. No shares simple as that

Nada, zip zero

and the 1% is owned by fans individually and by the supporters trust

Paladinis name was mentioned at the press conference towards the end but amit chose not to mention paladini or his future in his answer

[padstow]

Create a beneficial trust easy peasy

Loans from Employee Benefit Trusts are one of a few methods we use although, looking at QPR's accounts, this is nothing like what is happening with GP (personally I have no interest in why he has a loan and I think people obsess too much on things that are a distraction from what should be a great day for us).

Oh...and they can't just be 'written off'. That would create a tax liability! If the person dies before it was repaid however......

On another point made by someone above...yes tax is payable at the employee's marginal rate on an assumed 4% interest whilst the employee is still employed by the employer. Assuming his taxable income this year is greater than £150k then he'll pay 50% on 4% of the outstanding loan each year it's outstanding (£125k x 4% x 50% = £2,500).

We do something 'similar' for contractors that are caught by IR35 (those that are affected will know what that means). I'm not going to discuss how contractors earning over £50k pa can take home 82% on an open forum though. Nothing dodgy (far from it) but it's exceptionally dull for those who couldn't give a monkey's