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Update: Ipswich Town winding up order dismissed

11:13 22 February 2016

Portman Road. Photo: ASHLEY PICKERING

Portman Road. Photo: ASHLEY PICKERING

A winding-up order issued to Ipswich Town over an unpaid tax bill was dismissed at a hearing today.

HM Revenue and Customs (HMRC) issued the order against the Suffolk club on January 4 over an unpaid and undisclosed amount of debt.

At a brief hearing at the High Court in London this morning, Fiona Dewar, counsel for HMRC, said the club had now settled the debt and asked for the case to be dismissed.

Charles Sinclair, counsel for the club, also asked for the case to be dismissed.

The amount of the debt was not disclosed by either party following the hearing, despite requests.

In a statement, an Ipswich Town spokesman said: “A service provider issued a court petition for non-payment between Christmas and New Year whereby their automated process accelerated this action despite an agreement for payment to be made early January.

“The creditor subsequently withdrew the petition on receipt of payment and this was dismissed at the hearing.”

A spokesman for HMRC said: “HMRC does not comment on the tax affairs of individuals or businesses. Our aim is to efficiently collect the debts due and to prevent things deteriorating further.

“We only initiate winding-up action where we believe this is the best way to protect both the interests of other taxpayers and creditors.

“Anyone who anticipates payment problems should call us as early as possible as we have an outstanding track record for supporting those with genuine problems.”

3 comments

  • With the riches of kings comes the cost of kings. Promotion to the premiership is a double edged sword. Both NCFC and ITFC have learned this the hard way, just one rather more recently than the other.

    Report this comment

    NigelS

    Monday, February 22, 2016

  • I guess that we will not be told why this tax bill was not paid on time, probably just an oversight. By a similar oversight the club didn't spend on players in January and therefore stands no chance of sharing the riches of the PL. Could be, or could have been a classic lose, lose situation.

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    how'd the town do

    Monday, February 22, 2016

  • Apparently this is the 3rd most commented on story according to the Star's "Most commented" panel on the news page......................... Until I posted this, there were precisely ZERO comments on this story!!!!!

    Report this comment

    england1770

    Monday, February 22, 2016

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