Cycling UK Forum

of all the aspects of the pro campaign that have caused me to question whether this is the club for me, the Tax Advice Scandal comes top by a long way. I can live with the sniping comments (just) and the steamroller management of the 'debate' in the magazine, but the Tax Advice thing has me reaching for solicitors telephone numbers.

Here's the deal. The CTC paid for tax advice on the Trust/Club takeover. That advice was presented to Council on the 27th February of this year (afficionados of this debate will wonder why if, as David Robinson tells us, this has been on the go for the last five years, it took that long to get proper advice on the supposed big benefit of charity status, but, there you go...). Now when I say 'the CTC paid for tax advice' I mean that you, the members, paid for it.

So where is it? I don't mean the amended for commercial confidentiality stuff, I mean the advice red in tooth and claw. The advice that apparently had one member of Council storm out of the meeting. The advice that had councillors proposing that members should be given an 'executive summary' (a proposition that was given short shrift by Kevin Mayne, I'm pleased to say). I want to see it, the original, unvarnished, unexpurgated report, the one we paid for.....

I mention as an aside that yesterday evening I had a very humorous evening in the audience at Leeds Grand Theatre watching Ken Dodd.

(Continued in the Tea Shop )

thirdcrank wrote:I mention as an aside that yesterday evening I had a very humorous evening in the audience at Leeds Grand Theatre watching Ken Dodd.

Not a source of reliable tax advice! But funny I agree (although may I be so bold as to suggest that his powers are on the wane?)

You should know Simon, council now best. They have stated that they do not have to take any notice of the membership. In their eyes we are a necessay evil.

The revised tax advice and executive summary are due to be published (I've been told it has been published on the CTC web-site but I can't seem to locate it).

Once it finally appears, we'll publish the the review of the advice on Save the CTC - there are some interesting points raised by our expert...

revised?

(actually the revised version is a bit of a shocker - heaven knows what got taken out for fear of frightening the horses...)

so what happened next?

we never go to see the unedited version - unless you got a leaked copy.

All I can tell you is this - the tax benefit depends entirely on agreement with the Revenue.

Simon L6 wrote:we never go to see the unedited version - unless you got a leaked copy.

All I can tell you is this - the tax benefit depends entirely on agreement with the Revenue.

Could you explain the significance of this to us please, Simon.

Is this already covered on the savetheCTC website ?

Edit Graham : Yes, extensively covered on the savetheCTC website