BRADFORD PA CHIEFS ALLAY TAX FEARS >From nln24.com Bradford Park Avenue director Kevin Hainsworth has been quick to dispel fears that the club could fold under pressure from Her Majesty's Revenue and Customs. News leaked out this week that a petition to wind-up Bradford Park Avenue, brought by the taxman, was to be heard in a London court. "It is all sorted out now and the money has been transferred from one bank to another so, fingers crossed, unless anything else is hiding away, everything is ready for the coming season," Hainsworth tells The Telegraph & Argus.
The Avenue director admitted his culpability in the scare that set tongues wagging. He also reiterated that the club is financially sound and does not rely on handouts from the businesses of the board members. "It was all to do with getting our accounts in on time and we were late with that. A lot of the things that were caused by that tardiness happened while I was away on holiday, and it is more embarrassing than anything else. On my return from holiday, it was brought to my attention that a payment to HMRC was late but I was led to believe that it was not a major problem. Had I realised what the outcome would be I would have prioritised that issue. Before we knew what was happening, the winding-up order was going through the legal process and was made public. I thought we had until July 14 to pay the tax bill but it seems it should have been paid earlier. I spoke to HMRC as soon as I realised and they were satisfied that it would be settled in full. The banks take their time to transfer funds once you have instructed them so it couldn't be stopped there and then." _______________________________________________ the Leeds List is an unmoderated mailing list and the list administrators accept no liability for the personal views and opinions of contributors. Leedslist mailing list [email protected] http://list.zetnet.co.uk/mailman/listinfo/leedslist and the hardest time in a sailor's day is to watch the sun as it sails away
