Conference Clubs In Tax Trouble
At least nine Conference clubs have tax bills threatening their existence. A higher number of clubs than expected from the Blue Square Premier, North and South have fallen foul of the stringent quarterly checks after the summer launch of the Financial Reporting initiative. This was set up by the Conference and the FA to monitor the returns of clubs to HM Revenue and Customs. Conference chairman Brian Lee said, ‘Part of the problem is that football is an incomparable industry.