TaxPersonal TaxJim Davidson declared bankrupt

Jim Davidson declared bankrupt

Comic fails to meet payments to the taxman

Comedian Jim Davidson has been declared bankrupt.

Media outlets reported today that he had failed to keep up payments on a
£1.4m tax bill.

The 52-year-old comic said the HM Revenue & Customs had refused to
negotiate over the bill. Davidson had been struggling, reports said, to meet
payments of about £400,000 a year.

Davidson, who lives in Dubai, said he wanted to finish paying off the bill,
now down to about £700,000.

‘This is kind of a shock to me,’
Davidson
told the BBC News website.
‘The tax man has, for reasons best known to
himself, pulled the rug out from under my feet. I am still pretty solvent. I
just can’t pay £700,000 right now.’

Related Articles

LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

3d Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

2w Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

4m Alia Shoaib, Reporter
Italy grants first successful non-dom status application to former UK non-dom

Personal Tax Italy grants first successful non-dom status application to former UK non-dom

4m Emma Smith, Managing Editor
Industry reaction: Taylor Review does not go far enough in addressing tax issues

Legal Industry reaction: Taylor Review does not go far enough in addressing tax issues

5m Alia Shoaib, Reporter
Does the Taylor Review sufficiently address the gig economy?

Corporate Tax Does the Taylor Review sufficiently address the gig economy?

5m Alia Shoaib, Reporter