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Katie Price declared bankrupt for second time over unpaid tax bill – Yahoo News Australia

Katie Price has been declared bankrupt for a second time over an unpaid tax bill worth more than 750,000.

The former glamour model, who was previously declared bankrupt in 2019, owes 761,994.05 to HM Revenue & Customs (HMRC), a court was told on Monday.

At a short hearing at Londons Rolls Building, Insolvency and Companies Court Judge Sebastian Prentis said Ms Price had not responded to HMRC over the debt, and declared her bankrupt.

He said: There has been no response from the debtor. The papers are in order.

There is a substantial debt due from Ms Price to HMRC, and therefore I will make a bankruptcy order.

Judge Prentis said the bill derives from self-assessments from the year 2020-2021 and from the year 2021-22 and includes income ta…

Read the full article at: https://au.news.yahoo.com/katie-price-declared-bankrupt-second-125348689.html

Category: BankruptcyBy Insolvency Advisory AccountantsMarch 18, 2024

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Katie Price declared bankrupt for second time over unpaid tax bill – Yahoo News Australia

Katie Price has been declared bankrupt for a second time over an unpaid tax bill worth more than 750,000.

The former glamour model, who was previously declared bankrupt in 2019, owes 761,994.05 to HM Revenue & Customs (HMRC), a court was told on Monday.

At a short hearing at Londons Rolls Building, Insolvency and Companies Court Judge Sebastian Prentis said Ms Price had not responded to HMRC over the debt, and declared her bankrupt.

He said: There has been no response from the debtor. The papers are in order.

There is a substantial debt due from Ms Price to HMRC, and therefore I will make a bankruptcy order.

Judge Prentis said the bill derives from self-assessments from the year 2020-2021 and from the year 2021-22 and includes income ta…

Read the full article at: https://au.news.yahoo.com/katie-price-declared-bankrupt-second-125348796.html

Category: BankruptcyBy Insolvency Advisory AccountantsMarch 18, 2024

Post navigation

PreviousPrevious post:Personal Loan Rates This Week: Current Interest Rates on Personal Loans – Business InsiderNextNext post:Katie Price declared bankrupt again – Yahoo News Australia

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Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
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