Katie Price insists she pays taxes after being declared bankrupt over £760,000 bill
Katie Price insists she pays taxes after being declared bankrupt over £760,000 bill
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Katie Price has claimed she pays her taxes after being declared bankrupt for a second time.
The 45-year-old former glamour model, who was previously declared bankrupt back in 2019, owes over 760,000 in an unpaid tax bill amid mounting legal issues.
In a short hearing at London's Rolls Building, Insolvency and Companies Court Judge Sebastian Prentis addressed the 761,994.05 debt.
Following the court case, Katie appeared on the Daily Mail podcast Straight to The Comments, which invites celebrity guests to discuss the comments left on MailOnline stories and guess the story they are connected to. During the interview, Katie was informed about the story breaking.
After the report was explained to Katie, she said: 'I know I had court, last week or the week before, but because of what's going on in my life, I've actually been signed off because I'm dealing with serious stuff.'
'You know, there's all different kinds of bankruptcies. I think they just use the word bankruptcy but nobody knows the ins and outs of everything and trust me I don't get away with stuff either, like you can't,' Katie told hosts Archie Manners and Josh Pieters.
'Tax you can't ever run away from, you have to pay,' she stated.
'Don't think I sit here and don't pay stuff, because I do.'
Judge Prentis revealed Katie is yet to respond to HMRC about the issue during the hearing and declared her bankrupt.
He said: 'There has been no response from the debtor. The papers are in order. There is substantial debt due from Ms Price to HMRC and therefore I will make a bankruptcy order.'
On Monday, Katie was absent from the hearing, while a hearing last month saw barrister Darragh Connell – who is representing the trusties – tell the court that she had reached a voluntary agreement over the debts.
However, she failed to make the payments.
Connell told a judge that the agreement included 36 payments of 12,500, plus a lump sum.
The High Court ruled Katie would lose a chunk of her monthly earnings, with trustees going to court to ask for an income payment order, which means money from her earnings would be taken towards her debt.
Four companies – including OnlyFans and photo agency Backgrid – are now 'obligated to deduct 40% of the income due to be paid to Ms Price' every month for the next 36 months.
In August 2023, Katie told Michelle Visage's Rule Breakers podcast she was 'fed up' with legal threats and would rather go to jail and be 'done with it all'.
The next month, a previous virtual bankruptcy hearing on Microsoft Teams took a chaotic turn when Katie accused people of taking screenshots and recordings.
She told Judge Paul Greenwood at the time: 'There are people already on here who shouldn't be on here. It's an awful site that gives me anxiety.'
The reality star continued: 'I'm scared to be on here because of these people on this site. They are awful about me. It's a site where they just slag everyone off. I'm petrified.'
She added: 'They are already saying I'm going to jail on there.'
The judge told those joining that it was contempt of court to record or screenshot proceedings, before concluding the hearing – which had been set to last 15 minutes – would be held in private, with the relevant parties and their lawyers being the only people able to stay.
Straight to The Comments is out every Monday. Today's episode features Megan Barton Hanson and Katie Price's episode will be released next week.
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