The liquidators of Rangers' old operating company have come to a £54million settlement with HMRC, 10 years after the oldco was declared insolvent.
The liquidators of Rangers' old operating company have come to a £54million settlement with HMRC, 10 years after the oldco was declared insolvent.
The revenue service had been claiming £47m for that alone, as well as a sum in the region of £10m relating to former owner Craig Whyte's failure to pay VAT and PAYE.operating company were declared insolvent were in excess of £160m.
"As a result, all other unsecured creditors should receive dividends totalling approximately 5.3p in the £ more than they would have otherwise received.
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