Aug deadline for Kerry Katona to pay off tax bill

Aug deadline for Kerry Katona to pay off tax bill

Singer Kerry Katona has been given an August deadline to pay a £157,000 debt to the taxman or go bankrupt

The former Atomic Kitten singer Kerry Katona was given a final deadline
yesterday to pay off the rest of a £417,000 tax bill, amounting to £157,000, or
go bankrupt.

Her lawyer Luke Harris persuaded the court to give her until August 7 to pay,
saying Katona, who was not in court, could not meet the full amount because of
‘changed circumstances’, but she was expecting payments of £472,000 before the
end of August.

He said she was also strenuously seeking to remortgage her properties but
there would be no need if the money came – ‘I would ask for one final indulgence
by the court’.

Henderson Collymore, representing HM Revenue & Customs (HMRC), said it
did not want another adjournment and his instructions were to seek a bankruptcy
order.

Further reading:

Read
the Daily Mail story

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article