RegulationLegalTax debt forces John Barnes into bankruptcy

Tax debt forces John Barnes into bankruptcy

HMRC has petitioned for the ex-England footballer John Barnes to enter bankruptcy

Former Liverpool and England footballer John Barnes has filed for bankruptcy
with HMRC as the main creditors.

The one-time rapper claimed the declaration is an “oversight”, reported the
Liverpool
Echo
.

HMRC petitioned for the bankruptcy order over unpaid tax bills to the High
Court on Wednesday 14 October.

“The bankruptcy issue is a tax oversight which is being dealt with,” said
Barnes.

Just five days previously, Barnes was sacked as Tranmere Rovers manager,
having been in the role since June this year, alongside fellow ex-Liverpool
player Jason McAteer who was assistant manager.

An Insolvency Service spokeswoman is reported to have said that they are
working towards disposing of his assets and repaying his creditors.

An insolvency practitioner is set to be appointed later this year with Barnes
in touch with HMRC over repaying the debt. He will be automatically discharged
from bankruptcy on 14 October 2010.

While on a seven-month contract with the Jamaican national side last year,
Barnes avoided a significant driving fine for driving without insurance and
pleaded poverty despite earning an estimated £4,000 a week. He claimed that as
Jamaican coach his wages varied substantially.

Further reading:

Cheeky Girls facing new bankruptcy proceedings

Related Articles

HMRC wins 22 out of 26 tax avoidance cases in 2016-17

HMRC HMRC wins 22 out of 26 tax avoidance cases in 2016-17

2m Alia Shoaib, Reporter
Anti-money laundering legislation may create a two-tier regime

Legal Anti-money laundering legislation may create a two-tier regime

2m Alia Shoaib, Reporter
Court upholds ruling against HMRC’s position in Sports Direct EU VAT case

HMRC Court upholds ruling against HMRC’s position in Sports Direct EU VAT case

2m Alia Shoaib, Reporter
HMRC invests in Fraud Investigation Service ahead of Criminal Finances Act

HMRC HMRC invests in Fraud Investigation Service ahead of Criminal Finances Act

4m Alia Shoaib, Reporter
Manchester accountant jailed for tax fraud

Legal Manchester accountant jailed for tax fraud

1y Richard Crump, Writer
HMRC dawn raids increased by 34% in five years

HMRC HMRC dawn raids increased by 34% in five years

2m Alia Shoaib, Reporter
Rangers tax case to have ‘dramatic’ consequences for football and business

Legal Rangers tax case to have ‘dramatic’ consequences for football and business

3m Emma Smith, Managing Editor
HMRC receives record number of judicial reviews

HMRC HMRC receives record number of judicial reviews

4m Alia Shoaib, Reporter