Former Rangers players will have their penalties for using Employee Benefit Trusts wiped away after HMRC was said to have overestimated the club's tax bill, according to reports.
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The Times revealed on Thursday morning that the Taxman should have claimed £20 million in monies owed, instead of the £70 million bill they were given.
HMRC eventually won its case against Rangers using EBTs as a means of paying players while avoiding tax and were said to be looking into the cases of individual players and managers - such as Barry Ferguson, Dick Advocaat and Kris Boyd.
However, The Times claims that HMRC has now been forced into dropping the penalties levied against individuals in thousands of cases.
A source told the newspaper: "The revenue might present that as them being benevolent but in fact there is no legal basis for them to get those penalties."